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does anyone know this question?
yes,
Rank-and-File Members:
The current salary (2010) for rank-and-file members of the House and Senate is $174,000 per year.
Members of Congress receive retirement and health benefits under the same plans available to other federal employees. They become vested after five years of full participation.
Members of Congress are not eligible for a pension until they reach the age of 50, but only if they've completed 20 years of service. Members are eligible at any age after completing 25 years of service or after they reach the age of 62. Please also note that Members of Congress have to serve at least 5 years to even receive a pension.
According to the Congressional Research Service, 413 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service as of Oct. 1, 2006. Of this number, 290 had retired under CSRS and were receiving an average annual pension of $60,972. A total of 123 Members had retired with service under both CSRS and FERS or with service under FERS only. Their average annual pension was $35,952 in 2006.
information available at About.com us government info
What else can I help you with?
How much money can you make after retirement at 62?
15,400
How much money do you need for retirement?
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How much money did the Yankees make the first year of their franchise?
More what your retirement fund is
How do you find out how much money i have in retirement plan?
I worked for Gemco and would like to know If I have retirement money due to me.
How much retirement money do astronauts get?
$5
How much money can I make while on social security?
The amount of money you can make while on Social Security depends on your age and whether you are receiving retirement or disability benefits. If you are under full retirement age, there is a limit to how much you can earn without reducing your benefits. Once you reach full retirement age, there is no limit on how much you can earn while receiving Social Security benefits.
How much money can you make before you start having to pay back to soc Security retirement benefits?
$41,880
What kind of monthly money that you can recieved when you are on disability retirement?
It will depend on how much you worked. Retirement disability benefits are based on how much you worked and how much money you made over time.
How much money do senators make?
a senate make ten thousaond more of what the averge person makes in a year.
How much money can I make while collecting Social Security?
The amount of money you can make while collecting Social Security depends on your age and whether you have reached full retirement age. If you are under full retirement age, there is a limit to how much you can earn before your Social Security benefits are reduced. Once you reach full retirement age, there is no limit on how much you can earn while collecting Social Security.
How much money does a sergeant make in retirement?
The pension for a retired sergeant can vary based on factors such as length of service, rank at retirement, and specific retirement plan. In general, a retired sergeant can expect to receive between 40-60% of their pre-retirement income.
How much money tdo I need to have saved for Retirement?
You should put away at leasy 10% of everything you make. How much you will need will depend on when you retire.
