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Reform Salalry and Retirement Benefits for Members of Congress

Created by M.R. on November 12, 2011

First, for salary each member of Congress will be paid their State’s Median Household Income (MHI), minus the percentage of Persons Below Poverty Level (PBPL). Simply put, they will be paid what the average person in the State they represent earns. This salary will be adjusted annually.There will be a 5% annuity for Senior Leaders.
Secondly, amending the Federal Employees’ Retirement System Act of 1986 (P.L. 99-335). A minimum total of 20 years of service as a Congressman to receive retirement benefits at age 50, and the starting amount be lowered as to not to exceed 50%.
Lastly, Congress will no longer have the authority to grant itself any raises of any kind. This also includes any special pay, bonuses, COLA, annuities, etc.

Government & Regulatory Reform
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