Congressional Reform Act of 2012
1. No Tenure / No Pension.
A Congressman/woman collects a salary only while in office.
2. Congress (past, present & future) participates in Social Security.
All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system,and Congress participates with the American people. It may not be used for any other purpose.
3.Congress will no longer vote themselves a pay raise.
Congressional pay will rise by the lower of CPI or 3%.
4. Congress loses their current health care system and
participates in the same system as the American people.
5. All contracts with past and present Congressmen/women are void effective 12/1/12.
6.Congress must equally abide by all laws they impose