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Perry “retires” early, begins collecting state pension
Hot Air ^ | December 16, 2011 | Allahpundit

Posted on 12/16/2011 9:58:43 PM PST by 2ndDivisionVet

Yes, he’s still governor. He’s “retired” only for benefits purposes, which means he can start collecting his pension while he’s still collecting a salary. It’s perfectly legal. Just … unhelpful.

Perry makes a $150,000 annual gross salary as Texas govenor. Now, thanks to his early retirement, Perry, 61, gets a monthly retirement annuity of $7,698 before taxes, or $6,588 net. That raises his gross annual salary to more than $240,000…

[T]he disclosure is sure to spark criticism of Perry, who has called for sweeping changes to Social Security for average workers and has railed against special “perks” that members of Congress get.

“Perry was legally able to begin collecting the employee class annuity under the ‘rule of 80.’ The combination of his U.S. military service, state service and age exceeded 80 years and qualifies him for the annuity under Texas Government Code 813.503 as amended in 1991,” Sullivan said. “Perry continues to pay into the Employees Retirement System with a 6.5 percent withholding from his state salary.”…

“I do advocate totally rethinking the safety net, personal security programs completely,” Perry said in a November 2010 interview. “Why is the government collecting your tax money for retirement and health care programs? That’s not a stated constitutional role.”

He “retired” back in January, months before he decided to run for president. Had he known he was going to jump in and take withering fire from Romney on his entitlements rhetoric, I assume he’d have waited to start collecting. But it is what it is, and it’ll be thrown in his face every time the subject of Medicare or Social Security reform comes up. I don’t blame him for his logic: He paid in, he worked hard, he followed the rules, and now he wants his money. Problem is, that’s the same attitude seniors take towards federal entitlements, and if Perry beats Obama, he’ll suddenly be the guy tasked with convincing them to relax that attitude a bit in the name of our common fiscal good. How does he rally them to take one for the team and wait until, say, age 68 to enroll in Medicare if he couldn’t wait until finishing his term as governor to start taking his own pension? When I tweeted that a few hours ago, Perry fans jumped on me by answering that Democrats will smear him and attack the GOP viciously no matter what. Which is true, but how does that mitigate the potential damage here? An enemy armed with artillery is more dangerous than an enemy armed only with rifles, and this represents a bit of artillery for them insofar as they’ll use it to try to galvanize resentment against Perry’s supposed hypocrisy. Why do you think Gingrich couldn’t resist digging at Romney’s track record at Bain? Voters remember details to which they can relate personally, like pensions and layoffs. It’s not a liability that’ll sink Perry, but yeah, it’ll be used against him. Texas Democrats are already using it, in fact.

Exit question via Ace’s co-blogger Drew: “You think Chis Chistie might show up at a few events to talk about Perry’s pensions?”

(VIDEO AT LINK)


TOPICS: Texas; Campaign News; Issues
KEYWORDS: amnesty; doubledipping; larazarick; openborders; perry; rino; texas
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It might be legal, but the optics are bad.
1 posted on 12/16/2011 9:58:46 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

I hate to know my eyes are getting bad...


2 posted on 12/16/2011 10:09:43 PM PST by Carthego delenda est
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To: 2ndDivisionVet

Is this on the square? Is this satire? If not, good God if it is not. PerryTINKLERS are gonna go nutzzzz over this huh?


3 posted on 12/16/2011 10:12:23 PM PST by bobby.223
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To: 2ndDivisionVet
Did he specifically request it? Or did Payroll Processing just follow the programmed rules?

/johnny

4 posted on 12/16/2011 10:13:26 PM PST by JRandomFreeper (gone Galt)
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To: bobby.223

I like the term I started here: Perrywinkles. LOL


5 posted on 12/16/2011 10:14:06 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: bobby.223
Reagan qualified for his (mandatory) SS while he was in the White House. He had to go to some trouble to specifically assign it to the Treasury.

I want to know if it was automatic or if Gov. Goodhair requested it.

/johnny

6 posted on 12/16/2011 10:16:43 PM PST by JRandomFreeper (gone Galt)
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To: 2ndDivisionVet
Perry makes a $150,000 annual gross salary as Texas govenor. Now, thanks to his early retirement, Perry, 61, gets a monthly retirement annuity of $7,698 before taxes, or $6,588 net. That raises his gross annual salary to more than $240,000

So many government workers in every state are able to soak taxpayers like this, using poorly thought out or deliberately mis-designed retirement and pension rules to double-dip or even triple-dip. Yes, it's legal - but it shouldn't be.
7 posted on 12/16/2011 10:21:13 PM PST by AnotherUnixGeek
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To: 2ndDivisionVet

In most cases our gov’t is in autopilot in these matters. I would like to know if this was a request on the part of Perry or if this is an automatic feature in the TX gov’t.


8 posted on 12/16/2011 10:24:20 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: 2ndDivisionVet


Sometimes bad optics just happen.

9 posted on 12/16/2011 10:25:40 PM PST by quantim (Victory is not relative, it is absolute.)
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To: 2ndDivisionVet

Must be nice.

But everything is big in Texas—especially egos, avarice and cronyism.

LBJ land to a T.


10 posted on 12/16/2011 10:26:26 PM PST by Happy Rain ("Having A Communist Joke In The White House Takes Graveyard Humor To New Heights.")
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To: 2ndDivisionVet

The term ABC World News used was “double-dipping”.

Make the stupid man stop.


11 posted on 12/16/2011 10:27:40 PM PST by RichInOC (Palin 2012: The Perfect Storm.)
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To: 2ndDivisionVet

In Texas, it isn’t really like a pension, it is closer to a 401K. The money he is taking out, he has paid in over his career and is matched by the State up to a certain percent (not sure the exact percent).

Nothing really wrong with that. It is like you rolling your 401K over into an annuity when you hit retirement age but continue to work.


12 posted on 12/16/2011 10:29:57 PM PST by mnehring
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To: 2ndDivisionVet

“I have signed into law H.R. 4331, a bill that substantially incorporates the social security changes which I urged in my address of September 24 to the nation—restoration of the minimum benefit for people receiving that benefit, and interfund borrowing to tide the system over while the new National Commission on Social Security Reform develops a bipartisan plan to achieve long-lasting solutions to social security’s financing problems.”
RR...

Beware: Mitt N Perry’s movement of the mouth...


13 posted on 12/16/2011 10:32:25 PM PST by Carthego delenda est
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To: 2ndDivisionVet

Here are the details.
http://www.ers.state.tx.us/Employees/Programs/Texa$aver_401%28k%29_and_457/

This isn’t a pension like you would see in other States.


14 posted on 12/16/2011 10:33:43 PM PST by mnehring
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To: Happy Rain
Sure, Texas is so corrupt that North Carolina had presidents elected one after the other after Andrew Jackson... Oh... Wait... the offical border hadn't been set then.

Take your Texas envy elsewhere.

LBJ was a primo barstid. He's gone. We've fixed a lot of things since then.

/johnny

15 posted on 12/16/2011 10:39:17 PM PST by JRandomFreeper (gone Galt)
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To: 2ndDivisionVet

that’s probably the pension of a DMV worker in California and that is entry level. haha. union of course or maybe an entry level Homeland Security worker at the airport. thank the unions!


16 posted on 12/16/2011 10:43:17 PM PST by GOP Poet (Time for Bambi and his commie crew to go.)
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To: JRandomFreeper

He requested it.


17 posted on 12/16/2011 10:43:41 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: JRandomFreeper

Texas envy?

One word—”Perry”

All we get from Texas are illegal alien rapists, murderers and thieves who used Texas as a highway.

Give them amnesty if you want but keep the rotten bastards in YOUR state, OK?


18 posted on 12/16/2011 10:44:26 PM PST by Happy Rain ("Having A Communist Joke In The White House Takes Graveyard Humor To New Heights.")
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To: Jim from C-Town
You have a source for that?

/johnny

19 posted on 12/16/2011 10:46:19 PM PST by JRandomFreeper (gone Galt)
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To: Happy Rain
One word, Graham.

They don't have amnesty here. And we don't want them either. They also use NM, Arizona, California and Florida.

So ease up on the Texas bashing.

/johnny

20 posted on 12/16/2011 10:50:02 PM PST by JRandomFreeper (gone Galt)
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To: JRandomFreeper

He requested to start recieving his pension in January. Read the article.

paragragh six: ‘He “retired” back in January, months before he decided to run for president. Had he known he was going to jump in and take withering fire from Romney on his entitlements rhetoric, I assume he’d have waited to start collecting.’


21 posted on 12/16/2011 10:50:19 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Happy Rain

What have you done to protect the border?


22 posted on 12/16/2011 10:50:19 PM PST by lonestar (It takes a village of idiots to elect a village idiot.)
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To: Jim from C-Town
Neg... that implies that he requested it (and includes the word ASSUME, but it is not a source that says that he specifically did request it, with 2 sources and documentation.

/johnny

23 posted on 12/16/2011 10:52:31 PM PST by JRandomFreeper (gone Galt)
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To: lonestar
I now understand why the Civil War started at Ft. Sumter (SC).

/johnny

24 posted on 12/16/2011 10:54:53 PM PST by JRandomFreeper (gone Galt)
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To: JRandomFreeper
No need to go cussin’ ‘bout Graham—don't want to start a war now do we?

South Carolina would give the Lone Star the biggest whuppin’ since Santa Anna kilt John Wayne.

Gotta feel sorry for you though—getting Glenn Beck and all.

25 posted on 12/16/2011 10:59:17 PM PST by Happy Rain ("Having A Communist Joke In The White House Takes Graveyard Humor To New Heights.")
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To: Jim from C-Town
I strongly suspect that the media is manipulating an automated event to convince people like you that he did request it.

Which I haven't seen proof of.

And, as others have pointed out. The retirement system in Texas is different than in other states. Heck, we still have Land Grant Colleges.

/johnny

26 posted on 12/16/2011 11:01:13 PM PST by JRandomFreeper (gone Galt)
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To: JRandomFreeper
He is the Governor. If he didn't want it, he wouldn't get it. Ergo he either asked for it by commission or omission.

Plain and simple, it looks like shit from a guy bashing on Social Security when it pays a whopping $1,177 average monthly benefit and a massive $2,366 max benefit. He, however will collect damn near 700% more a month than the average Social Security Recipient in retirement alone while still collecting a fat six figure paycheck All on the Government (peoples) dime.

Sorry to break it to you, IT LOOKS BAAAAAD! Real Bad!

27 posted on 12/16/2011 11:05:14 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Happy Rain
don't want to start a war now do we?

I got nothing scheduled for the rest of my un-natural life. And I figure we're going to get one soon enough, one way or the other.

But it would be best if conservatives didn't do a bunch of eye-gouging, nipple twisting, ear biting, hair pullin' and other mayhem on each other while the major cities of the nations burn because of the liberals.

/johnny

28 posted on 12/16/2011 11:08:28 PM PST by JRandomFreeper (gone Galt)
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To: JRandomFreeper

I wouldn’t be surprised if they are manipulating this, so what, facts are facts. He is receiving TWO paychecks a month while doing one job. Both checks are from the government of Texas.


29 posted on 12/16/2011 11:09:54 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Jim from C-Town
As I said before. It took Reagan some time and trouble to get his (mandatory) SS reassigned to the Treasury.

The media tried to make a big deal out of that, too. That's why I recognized this.

/johnny

30 posted on 12/16/2011 11:11:05 PM PST by JRandomFreeper (gone Galt)
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To: 2ndDivisionVet; All
What would you have done?

Perry drawing state retirement plus salary
31 posted on 12/16/2011 11:13:34 PM PST by Quicksilver (nominate Rick Perry - defeat Obama - overhaul Washington!)
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To: Happy Rain

Hey now..I resemble that remark, lol. And if I had any feelings, they might be hurt.

I don’t know what you have against Texas...unless it contains the phrase “wanna be”.


32 posted on 12/16/2011 11:16:51 PM PST by berdie
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To: Jim from C-Town
No, he's receiving one paycheck for doing one job.

And he's getting another check for his prior service.

And I still haven't seen proof that this wasn't anything but automated processing and lame-stream media.

And, of course, a bunch of eat-our-own so-called conservatives.

I'm no fan of Gov. Goodhair. But he's good enough.

/johnny

33 posted on 12/16/2011 11:17:12 PM PST by JRandomFreeper (gone Galt)
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To: AnotherUnixGeek

I am running for County Supervisor and I have been saying that we must talk about this double dipping pension bond sense.. Nobody wants to talk about it.. But we are going to. It’s a State decided thing but I am going to keep letting the citizens know what goes on until everyone is mad enough to force the State to change it.


34 posted on 12/16/2011 11:17:29 PM PST by Hildy ("When the debate is lost, slander becomes the tool of the loser." - SocratesH)
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To: quantim

That’s one Big Azzed Pea!!!


35 posted on 12/16/2011 11:17:33 PM PST by Carthego delenda est
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To: AnotherUnixGeek

I am running for County Supervisor and I have been saying that we must talk about this double dipping pension nonsense.. Nobody wants to talk about it.. But we are going to. It’s a State decided thing but I am going to keep letting the citizens know what goes on until everyone is mad enough to force the State to change it.


36 posted on 12/16/2011 11:18:00 PM PST by Hildy ("When the debate is lost, slander becomes the tool of the loser." - SocratesH)
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To: Jim from C-Town

Seems to me that is the point that Perry is making about SS. It can do much better, that’s why he says that younger workers should have the option to manage it themselves.


37 posted on 12/16/2011 11:18:33 PM PST by Quicksilver (nominate Rick Perry - defeat Obama - overhaul Washington!)
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To: Quicksilver

Am I running for the Republican nomination?


38 posted on 12/16/2011 11:19:09 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: mnehring

Thanks for that explanation.

There is nothing wrong with withdrawing from a 401K type of pension and continuing to work. Many do it.


39 posted on 12/16/2011 11:19:39 PM PST by berdie
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To: berdie
When the Obama civil war starts we are ALL coming to Texas for the last stand.
40 posted on 12/16/2011 11:21:05 PM PST by Happy Rain ("Having A Communist Joke In The White House Takes Graveyard Humor To New Heights.")
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To: 2ndDivisionVet

Not that I know of. :) What would you do if you were?


41 posted on 12/16/2011 11:22:04 PM PST by Quicksilver (nominate Rick Perry - defeat Obama - overhaul Washington!)
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To: Quicksilver
The Startle-Gram? Amon G. Carter's Startle-Gram?

They wouldn't distort anything, would they?

/johnny

42 posted on 12/16/2011 11:22:43 PM PST by JRandomFreeper (gone Galt)
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To: JRandomFreeper
From another news article in the Star-Telegram:
“On a campaign swing through Cherokee, Iowa, Perry was asked why the Employee Retirement System should be paying his retirement while he's still collecting a salary.

“That's been in place for decades. ... I don't find that to be out of the ordinary,” Perry said of the practice. “ERS called me and said, ‘Listen, you're eligible to access your retirement now with your military time and your time and service, and I think you would be rather foolish to not access what you've earned.’”

He asked for the Money. He put in the paperwork. Dumb, Dumb, Dumb! Collect Double Dips while running for President and calling a system that steals 12% of the average workers wages every year for forty plus years and returns a paltry $1,00. per month at age 67, if he or she is lucky enough to actually live that long.

Read more: http://www.star-telegram.com/2011/12/16/3601100/perry-drawing-state-retirement.html#ixzz1gm2I5NEd

43 posted on 12/16/2011 11:27:12 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: JRandomFreeper

Well, all media distorts according to their bias and agenda.


44 posted on 12/16/2011 11:27:29 PM PST by Quicksilver (nominate Rick Perry - defeat Obama - overhaul Washington!)
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To: Happy Rain

Also big in Texas:

Heroism, Freindliness, Faith, Patriotism.

Sorry if you weren’t fortunate enough to be from here.


45 posted on 12/16/2011 11:28:11 PM PST by GrouchoTex (...and ye shall know the Truth and the Truth shall set you free....)
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To: Quicksilver
Actually, after a phone call... The ERS Trust is something the employees pay into. And it says on their web-site that it's not a constitutionally guaraneed benefit.

Texas does that a lot. Like the Land Grant Colleges.

/johnny

46 posted on 12/16/2011 11:28:22 PM PST by JRandomFreeper (gone Galt)
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To: Hildy

GO HILDY!


47 posted on 12/16/2011 11:28:31 PM PST by onyx (PLEASE SUPPORT FREE REPUBLIC:DONATE MONTHLY! Sarah's New Ping List - tell me if you want on it.)
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To: JRandomFreeper

Eleven years of the nineteen year service WAS FOR THE JOB HE HAS NOW, not his prior service. He is still doing the same job.


48 posted on 12/16/2011 11:30:49 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Quicksilver

I know what I wouldn’t have done: Started drawing a double-dip pension right before I declared for president. I also wouldn’t have signed a bill that gives illegals in-state tuition at my state’s colleges.


49 posted on 12/16/2011 11:31:35 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: Happy Rain

I certainly can’t speak for all Texans, but I can’t help but believe that it would be best that you stay in your own state and defend it. :)


50 posted on 12/16/2011 11:33:51 PM PST by berdie
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