TITLE

About Those Congressional Pensions

AUTHOR(S)
Mead, James M.
PUB. DATE
May 1942
SOURCE
New Republic;5/11/42, Vol. 106 Issue 19, p627
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the Pensions for Congress act. Provision of the present federal retirement law that requires participants to contribute 3.5 percent of their salaries; Retirement annuities given to legislative and other elective officials; Preparation of a bill by the Civil Service commission that opened the federal retirement system to all government departments; Criticism of rise in salary deductions from 3.5. to 5 percent to be levied against lower-paid employees; Recommendation of the bill by the Budget Bureau, the Retirement Board and the Civil Service Commission; Employees in the railroad retirement system pay three percent and workers covered by social security one percent of their salaries.
ACCESSION #
14691546

 

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