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Bill Calls for End to Cushy Congressional Pensions
GovExec.com
Jan. 31, 2013
"A new bill in the House proposes ending the pension benefit that members of Congress are currently eligible for after five years of service.... H.R. 423 would eliminate defined-benefit pension plans for members of Congress, keeping only the 'right to continue participating in the Thrift Savings Plan'.... Nearly one in six former lawmakers were earning six-figure annual pensions, according to an analysis Federal Times published last year."
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