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Congresspeople do not make $200k per year for life. The vast majority don't even make $200k while they're in office.
by Invictus0 3y ago
Congresspeople do not make $200k per year for life. The vast majority don't even make $200k while they're in office.
- mikeyouse 3y agoRight.. They make $174k/year (except the few leadership roles) which was last increased in 2009 -- so roughly $130k equivalent based on the BLS inflation calculator.. https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=174%2C000.00&year1=202301&year2=200912 https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=174%2C000.00&y... To receive a congressional pension, you need 5 years of service (to be elected to 3 terms), the pension can't exceed 80% of your salary, and is based on the number of years of service.. There are ~280 prior members of congress collecting FERS pensions and the average collected was $41k/year in 2016. (https://sgp.fas.org/crs/misc/RL30631.pdf https://sgp.fas.org/crs/misc/RL30631.pdf)