Las Vegas Sun

August 21, 2014

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Letter to the editor:

Congress should follow its own lead

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Recently we have heard from members of Congress about the need for entitlement reforms to reduce federal budget expenditures. Some proposals include increasing the full retirement age for Social Security to 70 and increasing the Medicare eligibility age to 67.

I have not heard one proposal regarding the Congressional pension plan. I recommend that the age for a full pension be increased from 62 to 70 for all members with a minimum of five years of service. Currently members of Congress with at least 20 years of service can retire with a full pension at age 50. My proposal would increase the age to 70.

Secondly, I would increase the age for a reduced pension from age 56 to age 65.

If Congress is serious about entitlement reforms, let it lead the way.

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Previous Discussion: 8 comments so far…

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  1. Mr. Ilchene, what an excellent idea. Regardless of "entitlement" cuts, they should be at least equal to the people they represent.

    I'm not going to hold my breath.

  2. Since the new [actually 1986] Federal Employees Retirement [FERS] system [which is mandatory for Congress] includes at it's core social security, then any new changes to SS SHOULD carryover to FERS. Unless Congress exempts them. Then, the letter writer is correct and Congress should abide by the same changes imposed on all who receive SS.

    CarmineD

  3. Wrong, wrong, wrong! Increasing the retirement age for Congress would only encourage them to stay longer, Pay them off and get them out of there! :-)

  4. Jim:

    Touche.

    CarmineD

  5. Big Money controls who runs for office and who stays in office. Whether a Senator gets a pension, or as what time, will not be the reason to stay in office. Big Money determines who stays, and who goes.

    And if you increase the age limit,...well just look at Jim DeMint. One can quit, and go to work for the special interest who supported you being in office....Big Money. It's the reality of today.

  6. No pensions at all for elected officials at any level, period! The Founding Fathers envisioned service to the country, state or local area as a duty, not as a way to enrich oneself. That, however, is what has enfolded over the years. Let's face it. Most Washington politicos (or wanna-be-pols) are awash in money, like Kerry, Berkley, Romney, etal and don't need to be subsidized once out of office. However, if pensions are a "draw" to entice greater participation by those not "super-rich" (and that's a joke), then let them participate in Social Security and open IRA's or 401(k)s like we "ordinary" suckers do. What's so "special" about the creepolas in the pig sty or in Carson City or, for that matter, in the palace built on Main Street in LV? Only the fact that they can favor themselves with all kinds of "goodies" those who foot the bill cannot.

  7. Do you really think politicians worry about a meager pension? They go into politics with average means and come out with millions.A pension is not their goal, getting rich is.We have taken our eye off of the ball. If we believe any different.

  8. I wouldn't worry too much about the Social Security age being raised 70 and Medicare to 67. Statistically almost no one in the world is still working at 70 years of age. When people get into their 60s their health deteriorates and they become completely unemployable. The vast majority don't max out their retirement today. They retire at around age 63 because they are either sick or can no longer find work.