Congressional Reform Act of 2012
1. No Tenure / No Pension.
Congressman collect a salary while in office and receive no pay when they're out of 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 Social Security.
3. Congress can purchase their own retirement plan, just as all Americans do.
4. Congress will no longer vote themselves a pay raise.
Congressional pay will rise by the lower of CPI or 3%.
5. Congress loses their current health and
participates in the same health care system as the American people.
6. Congress must abide by all laws they impose on the
American people.
7. All contracts with past and present Congressmen are void