About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 1 (January 13, 2004)

handle is hein.crs/crsaabg0001 and id is 1 raw text is: Order Code 94-740 Updated January 13, 2004 Brief Facts About Congressional Pensions Patrick J. Purcell Specialist in Social Legislation Domestic Social Policy Division Summary This report lists the number of retired Members of Congress and the average amount of congressional pension they receive in retirement. It is updated annually. Brief Facts About Congressional Pensions (as of October 1, 2002) Average Average years Number of annual of creditable Average Average membersa pensionb service' aged contributionse Members/former Members with annuity beginning in FY2002 Under CSRSf ........... 2 $35,544 13.7 63.9 $36,547 Under FERS9 ........... 3 $17,592 12.9 58.7 $26,116 Members/former Members with annuity beginning in FY2001 Under CSRSf .......... 13 $71,112 24.3 68.2 $113,168 Under FERS9 .......... 18 $31,500 15.8 64.1 $29,048 All retired Members (as of 10/1/2002) Under CSRSf ......... 340 $55,788 20.0 77.0 $60,186 Under FERS9 .......... 71 $41,856 18.7 69.2 $34,341 Source: U.S. Office of Personnel Management. a Data include only former Members currently receiving congressional pensions. b For Members retiring in 2001, amount shown is 2001 pension. For all others, amount is 2002 pension. c Creditable service includes congressional, active duty military, and other federal civilian service. d For newly retired Members, average age at retirement; for all retired Members, average age on 10/1/02. 'Total lifetime contributions the Member paid into the retirement system, including payments to both CSRS and FERS for Members who switched from CSRS to FERS. f CSRS is the Civil Service Retirement System. Congress enacted the CSRS for executive branch employees in 1920 and extended it to Members of Congress in 1946. The CSRS was closed to new participants as of January 1, 1984, when P.L. 98-21 required Social Security coverage for all Members of Congress and new federal workers first hired on or after that date. Congressional Research Service + The Library of Congress CRS Report for Congress Received through the CRS Web

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most