About Those Congressional Pensions

Mead, James M.
May 1942
New Republic;5/11/42, Vol. 106 Issue 19, p627
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.


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