Baa Baa Black Sheep...
On this a beautiful spring day President George W. Bush took to the Rose Garden to have a chit-chat with the group of sheep we call the White House press corps. W said if the pension plan that members of Congress have is good enough for them then its good enough for the rest of America. Of course since Jan. 1, 1984 all members of Congress pay 6.2% into Social Security plus 1.3% into the Federal Employees Retirement System (FERS). Members of Congress can also participate in the Thrift Savings Plan (TSP). So it's Social Security PLUS PLUS not instead of Social Security. A full pension is available to Members 62 years of age with 5 years of service. And did any ram or ewe grazing amongst the roses ask the president if the health insurance and medical coverage is good enough for members of Congress then why isn't it good enough for the rest of America? Or how the rest of us can get full vesting and full pensions after only 5 years of service? How do you say no in sheep language?
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