How State Lawmakers Pump Up Their Pensions

Tom Frank, USA Today
Most workers must retire from their jobs before getting retirement benefits. But Thomas used a one-sentence law that he and his colleagues passed in 2002 to let legislators receive a taxpayer-funded pension instead of a salary after serving for 30 years.Thomas' $32,390 annual retirement benefit — paid for the rest of his life — is more than triple the $10,400 salary he gave up. His pension exceeds the salary because of another perk: Lawmakers voted to count their expenses in the salary used to calculate their pensions.

Source: http://www.realclearpolitics.com/2011/09/23/how_state_lawmakers_pump_up_their_pensions_264105.html

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