Thursday, December 22, 2011

SC Legislators Get More In Pension Than Salary?

Reading this article in The State, I couldn't believe what I was reading. I knew that South Carolina House and Senate members receive a modest salary for serving in what is essentially a part-time job. Prepare to be amazed:
If state lawmakers want to retire, they would have to give up their seat in the Legislature, according to a proposal moving through the state House of Representatives.The proposal would end the practice of lawmakers retiring but remaining in office and replacing their $10,400 annual salaries with much larger pension benefits − more than $30,000 a year, in some cases.
If state lawmakers want to retire, they would have to give up their seat in the Legislature, according to a proposal moving through the state House of Representatives.The proposal would end the practice of lawmakers retiring but remaining in office and replacing their $10,400 annual salaries with much larger pension benefits − more than $30,000 a year, in some cases.

Read more here: http://www.thestate.com/2011/12/22/2088324/pension-changes-to-affect-sc-lawmakers.html#storylink=cpy
If state lawmakers want to retire, they would have to give up their seat in the Legislature, according to a proposal moving through the state House of Representatives.The proposal would end the practice of lawmakers retiring but remaining in office and replacing their $10,400 annual salaries with much larger pension benefits − more than $30,000 a year, in some cases.

Read more here: http://www.thestate.com/2011/12/22/2088324/pension-changes-to-affect-sc-lawmakers.html#storylink=cpy
If state lawmakers want to retire, they would have to give up their seat in the Legislature, according to a proposal moving through the state House of Representatives.The proposal would end the practice of lawmakers retiring but remaining in office and replacing their $10,400 annual salaries with much larger pension benefits − more than $30,000 a year, in some cases.

Read more here: http://www.thestate.com/2011/12/22/2088324/pension-changes-to-affect-sc-lawmakers.html#storylink=cpy
If state lawmakers want to retire, they would have to give up their seat in the Legislature, according to a proposal moving through the state House of Representatives.The proposal would end the practice of lawmakers retiring but remaining in office and replacing their $10,400 annual salaries with much larger pension benefits − more than $30,000 a year, in some cases.

Read more here: http://www.thestate.com/2011/12/22/2088324/pension-changes-to-affect-sc-lawmakers.html#storylink=cpy
If state lawmakers want to retire, they would have to give up their seat in the Legislature, according to a proposal moving through the state House of Representatives.The proposal would end the practice of lawmakers retiring but remaining in office and replacing their $10,400 annual salaries with much larger pension benefits − more than $30,000 a year, in some cases.

Read more here: http://www.thestate.com/2011/12/22/2088324/pension-changes-to-affect-sc-lawmakers.html#storylink=cpy
This is insane. Our elected officials can retire and receive more in "pension" than they did in their actual salary? Who came up with that ridiculous idea? Our tax dollars are simply being wasted on such a vast scale that you cannot even fathom it. Almost every single thing the government (State or Federal) touches is a nightmare of waste an inefficiency. How do you even begin to justify paying a person more in pension than he actually earned while working? Mind blown.

I'm past "camping" on the Statehouse grounds. That's totally ineffective and stupid. The next elected official who describes themselves as a "public servant" should be tarred and feathered. They sound more like thieves to me.

Unbelievable.

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