This will make every taxpayer’s stomach turn. Anthony Weiner resigned from office yesterday and it will only be a matter of days before his offices are cleaned out for good and he is once again part of the private sector. However, the story doesn’t end there.
While Rep. Anthony Weiner may no longer have the benefit of Congress’ generous health care plan once he resigns, he will still be able to collect his pension and other benefits that could total more than $1 million during his lifetime.
According to an analysis of his available benefits by the National Taxpayers Union, the New York Democrat’s pension and a savings plan lawmakers have access to similar to a 401(k) could be worth $1.12 million to $1.28 million.
At 46, Weiner will not be eligible for his pension for another decade, at which point he could begin drawing a reduced rate of $32,357 a year, according to NTU. If he waits until age 62 to begin drawing his pension, he will receive his full benefits, or $46,224, according to NTU’s calculations.
Additionally, if Weiner aggressively invested in the Thrift Savings Plan, his balance would be roughly $216,000, the organization said.
So much for these “public servants.” It seems that the roles have reversed and the American people are the servants forever to those who gain elected office. Clearly there are reasons that once elected our officials never want to leave office. This raises new questions… Should public servants be eligible for such lucrative life pensions? And should disgraced politicians, who leave surrounded in scandal, still be allowed to collect theirs? You decide.