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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (17402)	5/14/2009 12:02:25 AM
From: Broken_Clock	Read Replies (1) \| Respond to of 50019

Under both CSRS and FERS, Members of Congress are eligible for a pension at age 62 if they have completed at least five years of service. Members are eligible for a pension at age 50 if they have completed 20 years of service, or at any age after completing 25 years of service. The amount of the pension depends on years of service and the average of the highest three years of salary. By law, the starting amount of a Member’s retirement annuity may not exceed 80% of his or her final salary. === still not too shabby. 5 years and a pension at 62 is the worst to be had.