RETIREMENT LUXURY TAX

Troublesome indeed!

Sheri Lawrence de Grom

Congress Places All Retirees At Risk
One Woman’s Opinion
By Sheri de Grom

DC Lots of PeopleCongress gave themselves a pay raise yet they haven’t received a satisfactory rating from their employers—the people of the United States in years. Other members of Congress became so discouraged with their inability to accomplish anything in Washington, they gave up and went home.

Meanwhile, Federal employees are watching what’s happening to their retirement plans while having their pay frozen since the beginning of 2011.

Congress has politicized federal pay freezes and other penalties for federal employees have been enacted. Do your representatives enjoy giving themselves a pay raise every year while cutting federal employee pay and benefits?

Federal employees and retirees (one of which would be me) have contributed fifteen million dollars from our savings over the past ten years through an increased pension contribution. These monies have been taken from a protected account by Congress…

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