Marjorie Taylor Greene’s resignation secures her a congressional pension

[progressive hunter]

The current system is what we have. If you don't care for it then run....

Couple of mistakes here, and a wonderful example of you not knowing who the hell you're posting to....First, I am NO leftist. Second, where in the hell did I personally attack you? Disagreeing with you is NOT a personal attack...I can't help if you are so fragile that you can't handle dissent of your opinions.

I am in here saying that the person we're talking about here is 1. a Republican, 2. gamed the system to get paid roughly $139K per year for the rest of her life...It's not about "hurt feelings", or anything other than what it is...This may be an argument against someone, but it ain't about me....I think you've got your responses mixed up.

how did she game the system??

you cock suckers wrote the rules and now you cry like little bitches when someone uses them,,

just like when leftists in tthe dem party do with "loopholes" in the tax code,,

and yes the republican party are leftist,, just not as far left as dems,,

 

[Care4all]

<~~~~~~>​

That's why MTG is retiring as of Jan 5th. No big secret there...

Well, yeah.... Anyone that spent 58 1/2 months of the 60 months needed to retire with pension, would do the same and should do the same...work a month and a half, longer.

 

[MarathonMike]

(NewsNation) — Rep. Marjorie Taylor Greene will remain in office until Jan. 5 after announcing her resignation from Congress last week, following an online feud with President Donald Trump.

Greene, a Republican from Georgia, took office on Jan. 3, 2021, and will have served for five years and three days by the time she exits — three days longer than the minimum time served to be eligible for a congressional pension.

MSN

So, she'll continue to receive 80% of her current pay, Health insurance, and a 401K for the congresspeople called a "Thrift Savings Plan" that matches twice the amount a working American gets "whether she contributes, or not"....

This is outrageous! This woman is timing this to grift the American taxpayer for the rest of her life....Disgusting.

This is a particularly egregious example of a larger problem. The government pension program should be discontinued and for any new government employees replace it with a 401K or something similar.

 

[Care4all]

Wonder is she followed the Pelosi formula on stocks

FYI
She got/inherited her parents family business....it was not from stock investments or insider trading.

 

[scruffy]

Damn. The only good ones are the ones that don't want the job.

 

[Care4all]

Pssst. Congress critters and all Federal Employees contribute 4.4% of their salary towards their pension if elected or hired after 2014, which MTG was after 2014. Plus 3.1% towards their Social Security.

 

[j-mac]

Or ... it could be that she's become so popular with her conservative base in the region that folks go out of their way to give her their business as opposed to a less desirable company. We live (for the time being) in a free market society where a person can make money if and when they offer a quality product or service. Congrats to MTG for growing her business and building a nest egg that she can pass down to her kids and grandkids.

It says she's a controlling interest in the business. Which usually means 51%....So, her net worth when she started was $700K, which would make the business at the time worth $1.5M to keep numbers round. And 5 years later, her share is $25M, making the business worth some ......$50M...

Wow! Now that's some real support.....

You can buy it if you want, I'm not...

 

[j-mac]

how did she game the system??

you cock suckers wrote the rules and now you cry like little bitches when someone uses them,,

just like when leftists in tthe dem party do with "loopholes" in the tax code,,

and yes the republican party are leftist,, just not as far left as dems,,

I'd call it corruption....And yes, neither party is immune. As to the how's and all of that, don't look at me. No one's calling me for input....

 

[j-mac]

This is a particularly egregious example of a larger problem. The government pension program should be discontinued and for any new government employees replace it with a 401K or something similar.

Absolutely. That's what they said was good enough for the majority of us, right?

 

[Invisibleflash]

(NewsNation) — Rep. Marjorie Taylor Greene will remain in office until Jan. 5 after announcing her resignation from Congress last week, following an online feud with President Donald Trump.

Greene, a Republican from Georgia, took office on Jan. 3, 2021, and will have served for five years and three days by the time she exits — three days longer than the minimum time served to be eligible for a congressional pension.

MSN

So, she'll continue to receive 80% of her current pay, Health insurance, and a 401K for the congresspeople called a "Thrift Savings Plan" that matches twice the amount a working American gets "whether she contributes, or not"....

This is outrageous! This woman is timing this to grift the American taxpayer for the rest of her life....Disgusting.

When it comes to grifting, she is a piker compared to Trump and Pelosi.

 

[WorldWatcher]

(NewsNation) — Rep. Marjorie Taylor Greene will remain in office until Jan. 5 after announcing her resignation from Congress last week, following an online feud with President Donald Trump.

Greene, a Republican from Georgia, took office on Jan. 3, 2021, and will have served for five years and three days by the time she exits — three days longer than the minimum time served to be eligible for a congressional pension.

MSN

So, she'll continue to receive 80% of her current pay, Health insurance, and a 401K for the congresspeople called a "Thrift Savings Plan" that matches twice the amount a working American gets "whether she contributes, or not"....

This is outrageous! This woman is timing this to grift the American taxpayer for the rest of her life....Disgusting.

PAY:
Congress is the Federal Employee Retirement System (FERS).

The receive:

• Average of High Three Earngins years.
• Earn 1% per year of employment.
• Multiply the average of the earnings by the percentage derived from years.

[($174,000 * ) / 100 ] * 5% = X
[($174,000 * ) / 100 ] * 0.05 = $8,700

She will be able to receive $8,700 a year starting at age 62, which is about 11 years in the future.

HEALTH INSURANCE:

FERS retirees are eligible for Health Insurance if they have 5-years of service and the retirement annuity begins within 30 days. Since her retirement annuity will not start for 11 years, she wouldn't be eligible for continued coverage under FERS.

THRIFT SAVINGS PLAN:

FERS eligible people all receive the same benefit. Contribution equal to 1% of base pay plus up to a maximum of 4% addtitional to match the members own contributions. 5% as we saw above happens to be $8,700 maximum per year. We have no idea if she's been making a contribution.

WW

Computation

Welcome to opm.gov

www.opm.gov

When can I keep my health insurance benefits after I retire? - OPM.gov

Welcome to opm.gov

www.opm.gov

Thrift Savings Plan Contribution Limits for 2026

Thrift Savings Plan contribution limits are $23,500 in 2025, but will increase to $24,500 in 2026. Additionally, new super catch-up limits for people aged 60-63.

www.kiplinger.com

 

[WorldWatcher]

Damn. The only good ones are the ones that don't want the job.

What's that got to do with MTG?

WW
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.
.
.

 

[WorldWatcher]

Pssst. Congress critters and all Federal Employees contribute 4.4% of their salary towards their pension if elected or hired after 2014, which MTG was after 2014. Plus 3.1% towards their Social Security.

SS as part of FICA is 6.2%.

WW

 

[progressive hunter]

I'd call it corruption....And yes, neither party is immune. As to the how's and all of that, don't look at me. No one's calling me for input....

how is following the rules corruption??

 

[tahuyaman]

She started out with a net worth of $700K, and she's leaving office with a net worth of $25M, in 5 years....You tell me?

Wrong. Know what you’re talking about before you make stupid comments.

Her net worth is tied to her share of a family owned construction company.

Liberals are idiots.

 

[ThisIsMe]

(NewsNation) — Rep. Marjorie Taylor Greene will remain in office until Jan. 5 after announcing her resignation from Congress last week, following an online feud with President Donald Trump.

Greene, a Republican from Georgia, took office on Jan. 3, 2021, and will have served for five years and three days by the time she exits — three days longer than the minimum time served to be eligible for a congressional pension.

MSN

So, she'll continue to receive 80% of her current pay, Health insurance, and a 401K for the congresspeople called a "Thrift Savings Plan" that matches twice the amount a working American gets "whether she contributes, or not"....

This is outrageous! This woman is timing this to grift the American taxpayer for the rest of her life....Disgusting.

I think the whole pending plan for congress is wrong all around

 

[toobfreak]

So, she'll continue to receive 80% of her current pay, Health insurance, and a 401K for the congresspeople called a "Thrift Savings Plan" that matches twice the amount a working American gets "whether she contributes, or not"....

Yeah well, ***** to the congress who wrote these laws. I mean, at least MTG tried her best while here and is leaving in disgust over fraud, crime and corruption in government. Far far better than what some democrats have done.

I only fault her for taking her argument, whatever it was, between herself and Trump, letting it get the better of her, not letting it play out to see what happens while pushing for the best outcome, instead, she went public with it, hurting Trump and her own party.

Something that no democrat ever does.

 

[candycorn]

Oh? Who told me to?

Your blob...

 

[Care4all]

SS as part of FICA is 6.2%.

WW

I know....but A/I gave me that answer....and I haven't had a chance to see what was meant by the 3.1% or if that was simply wrong?

 

[Care4all]

Wrong. Know what you’re talking about before you make stupid comments.

Her net worth is tied to her share of a family owned construction company.

Liberals are idiots.

He's not a liberal, he's as Trumper as one can be and as typical, he's going after and attacking his true love's, enemies....