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CRS Report: Retirement Benefits for Members of Congress (PDF)
Congressional Research Service [CRS]
Nov. 16, 2016
20 pages. "Under both CSRS and FERS, Members of Congress are eligible for a pension at the age of 62 if they have completed at least five years of service. Members are eligible for a pension at age 50 if they have completed 20 years of service, or at any age after completing 25 years of service.... There were 620 retired Members of Congress receiving federal pensions based fully or in part on their congressional service as of October 1, 2015. Of this number, 344 had retired under CSRS and were receiving an average annual pension of $74,136. A total of 276 Members had retired with service under FERS and were receiving an average annual pension of $41,316 in 2015." [Report RL30631, Nov. 10, 2016]
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