Skip to comments.Sen. Cornyn Reveals Not One, Not Two, But Three Public Pensions Atop His Salary
Posted on 06/17/2013 3:04:36 PM PDT by SeekAndFind
Texas Republican John Cornyn supplemented his Senate salary with a trio of public pensions last year from his days as a Texas judge and elected officiala practice some fiscal watchdog groups have attacked as double dipping.
Cornyn, who is the minority whip and the No. 2 ranking Republican in the Senate, reported collecting $65,383 in public retirement benefits in 2012 in addition to his $174,000 salary as a U.S. senator.
Cornyns office did not respond to requests for comment. Elected to the Senate in 2002, Cornyn is a former district judge, Texas Supreme Court justice, and state attorney general. In 2012, he collected pensions from three separate state retirement programs.
The biggest of Cornyns pensions$48,807 is from the Judicial Retirement System of Texas. He served on the state Supreme Court from 1991 to 1997.
He reported another $10,132 in retirement benefits last year from the Employees Retirement System of Texasthe pension fund for state elected officials and workers. Cornyn served as Texas attorney general from 1999 to 2002.
In a series of financial-disclosure amendments that he began filing last July, Cornyn disclosed that he had actually been collecting that $10,132 annual pension as far back as 2006. He had not listed it on his original disclosure reports from 2006 to 2010.
Cornyn also reported a $6,444 retirement distribution from the Texas County and District Retirement System. He was a state district judge from 1985 to 1989, according to his official bio, when the governor appointed him presiding judge for the Fourth Administrative Judicial Region of Texas, where he oversaw judicial administration for a 22-county region.
Cornyn, 61, is not the first or only prominent Texas Republican to draw both a public pension and a public salary.
(Excerpt) Read more at nationaljournal.com ...
Cornyn isn’t double-dipping. That would be wrong. He’s TRIPLE-DIPPING and that’s completely different!
I don’t think he’s done anything vaguely illegal. The overpayment in the public sector, especially with pensions for early retirees, is obscene and should be changed, but that’s not really Cornyn’s fault.
But he uses his position in the Senate to further his communist policies. And he used his position in the NRSC to try putting people like Crist and Specter in office.
He fulfilled each position and he reaps the benefits from them. Nothing wrong with that.
Did he do the job expected for those pensions? Yes! Case closed. Everyone has the same opportunities that this Senator had and either didn’t do, didn’t want to do the work involved or didn’t have the intellect it takes to do the jobs. Good for him for planning his life he desired. Since rules have changed and the pensions today are not as good starting out. People will have to make decisions knowing this.
You will make a fine serf.
Oh, please don't confuse anyone with the facts.. You know Cornyn's money and pensions are bad, and should be redistributed to poor people.
Same thing is done in the corporate world.
Speaking from personal experience, with a retired close relative who draws three pensions from three companies. Plus Social Security.
And he earned every dime of it.
He accepted it without question, didn’t he?
Yes, and I expect he believed he earned it.
Throughout all history before nations fell those on the 'inside' looted the treasuries. It didn't help them much as at the 'crash' their money became basically as worthless as their lives. eg: The French Revolution
This is NOTHING compared to what goes on in California. There is nothing illegal at all about most of it. It may show what dummies the public is for electing and re-electing politicians who write perfectly legal laws to feed themselves lavishly at the public trough like this, but it is perfectly legal as long as the public is dumb enough to tolerate it.
The public can’t really understand all of this — as Obama said of something “it’s above their pay grade”.
I have had difficulty understanding what TX see in Cornyn, but I don’t think he has ever lost an election. People just feel comfortable with their “friendly incumbent”.
I am not a big Cornyn fan, but he didn’t invent those retirements, he is taking what we stupid voters allowed our elected politicians to make law. Obviously put in place by our dear Texas Yeller Dog dems in their many years of full house politics.
No way show anyone get anything more than “proportioned” retirement depending on how many years served. It should be changed to “accumulated years” from all public service.
Its hard to see any logical justification where public employee or service retirement should be grossly greater than regular private retirement.
More than that he’s working on a fourth.
What laws have been broken?
If the pensions are legally obtained then stop yer bitchin’.
I agree and would go further—it should be changed to the same 401K-type stuff that the rest of the country gets.
He accepted it without question, didnt he?
Are you saying you’d turn it down even if it was legit and done according to the rules and regs?
If he hasn't broken the law and played by the rules, how is that not exactly "clean".
That's just how public servants keep their reputations in tack.
More than that hes working on a fourth.
I’m sure the 4th is secured. It’s just a matter of the final amount based upon the length of service or whatever they use as the determinate.
He’s supposed to be above that. Set an example.
No government employee should double and triple dip from taxpayer funds
Zactly! The balance to draw from should equal the input.
So you’d set an example and turn it down.....
LOL until I see actual results.
There’s nothing illegal about Cornyn getting multiple pensions. I think the public pension system should be done away with because over time it becomes a real drain on public finances. I think if you get rid of public pensions and reduce taxation, the American public will have more money to save. In general, I think taxes should be a lot lower, government services be more limited, and people should then be responsible for saving for their own retirements.
Back to Cornyn: He is real squishy on certain issues like immigration. Many Texas republicans are weak in this area. They don’t want to offend a big slice of the Texas electorate by appearing “anti-Mexican”. I think their biggest problem is their inability to articulate why insecure borders is bad for all Texians, both Anglo and those of Mexican ethnicity. Their lack of communications skills and lack of courage on this issue will be their undoing.
change “insecure borders” to “non-secured borders”.
That's totally misleading!
The feds are giving away billions, hundreds of billions and trillions and many freepers are up in arms over SS disability and food stamps.
I got my bucket out last year.
You probably would do the same thing!
So would I.
Employed 1999 2002: Pension equals $10,132 per year for only 3 yrs. Fn service which included expense accounts and health care benefits
With this kind of government largess that includes Republicans, its virtually impossible to make any argument against the Democrap party that includes such an abuse of taxpayer funded pension plans
With this kind of government largess that includes Republicans, its virtually impossible
to make any argument against the Democrap party that includes such an abuse of taxpayer funded pension plans ..
That in reality is the problem as once in they all seem to fall in line and scratch each others back. And with these gov’t pension plans it’s the tax payers that are the source of the funds in one way or another.
If I were a true conservative whose platform was smaller government and the elimination of govt. largess, you're damn right I would. Anyone who wouldn't is an enemy of everything self professed "conservatives" claim to stand for.
I'm talking about hypocrites since I'm already on record on how I stand.........
8 years of service for his state have netted him $48,807 per year in pension while I spent almost 35 years with my employer and my last annual salary was just over his annual pension.
That pisses me off just as anyone's comments who support this guy........
No problem with Cornyn receiving a pension for six years on the judiciary! May he enjoy his retirement at (I hope) age 65 with $48,800 per year!
However, I had a six figure income with a Fortune 25 company, and after 17 years with the company, I’m very proud to receive $18,000 per year!
Maybe I should have devoted my talents to six years working in public service!
ALL of the leadership is like this... and this is what obama knows through his spies and how he is blackmailing officials... from the SCOTUS to the House and Senate.
It is not befitting of a US Senator... but only a few Senators have any credibility.
“He fulfilled each position and he reaps the benefits from them. Nothing wrong with that.”
It depends on what your definition of “nothing wrong” is! If you define “nothing wrong” as not being illegal, then Cornyn passes the test. OTOH, if you defining “nothing wrong” in moral terms, Cornyn is a criminal. The problem really is the public employment laws that allow this kind of behavior. It’s hard to see people of considerable means in their own right, basically lining their pockets with money to which they should not be entitled. It’s really disgraceful when you look at this man’s record of “service.” “Texas has a Whorehouse in it,” and that’s where Cornyn lives. Here in California we know that Fineswine and Boxster are scum, but Cornyn survives inspection by the Texas “electorate” because he runs as a “repubican.” Currently we in CA don’t have the ability to rid ourselves of these two pariahs, but you Texans do where Cornyn is concerned, and yet you re-elect him time after time.
In the past why has Cornyn had so few primaries? He has might near been the only candidate running. This next round seem to remember Erick Wyatt out of Rockport, Tx filing to primary against him. Lord let it be. Some Friends like Cornyn. Myself....not so much.
...needless to say, there is no military pension for the senator...goes without saying...
You should have worked for Gillette, they took much better care of their people! Now that P&G owns it, much less so.