Wednesday, March 13, 2013

How Your Retirement Package Compares to Members of Congress

How Your Retirement Package Compares to Members of Congress
"As a result, all federal employees get a return on their contributions at a rate that's almost double what other workers do. (See chart.)
But thanks to a faster accrual rate on their savings — 1.7 percent as opposed to 1 percent for everyone else — members of Congress get an even better payout than other federal workers, even though their contributions are higher."

No comments: