Skip to comments.Jesse Jackson Jr. is receiving Social Security, federal retirement system payments ($8.7K/mo.)
Posted on 06/30/2013 5:39:03 AM PDT by Libloather
His age and his tenure in Congress almost 17 years are short of the mark for a standard retirement annuity from the Federal Employees Retirement System, or FERS. Members of Congress can collect a pension from FERS starting at age 50 if they have completed 20 years of service, or at any age after 25 years of service, according to the Congressional Research Service.
But Jackson appears eligible for another FERS program that pays out "disability retirement" payments.
Under program rules, potential payments in the first year would total $8,700 a month or $104,400 a year. The potential payments would drop to $69,600 annually in subsequent years.
Any payments are subject to income taxes, according to officials at the federal Office of Personnel Management. Citing privacy rules, OPM officials would not talk about Jackson Jr. but provided general information about FERS benefits.
Under the rules, whatever FERS "disability retirement" benefits a lawmaker receives are adjusted downward if he or she begins collecting Security Social disability payments.
(Excerpt) Read more at chicagotribune.com ...
Crime pays handsomely.
I review disability claims...HOw can anyone come to the conclusion that this chump can’t work? He’s not totally and permanently disabled. I say Bull Sh*t on this. Send him to me, I’ll assess him.
He isn’t doing his job because he is a crook.
Had he not been a crook and got caught he would not have resigned.
This disability didn’t just happen upon him. He would have had it while he was serving in Congress.
But thank god he has been disgraced and the Jackson family has to live with the stain that he is a crook.
“A member who completes at least 18 months of service as a member and is found by the (OPM) to be disabled for useful and efficient service as a member (of Congress) because of disease or injury shall be retired on the member’s own application.”
Who is taking care of his children?
Must be nice to be one of the “beautiful” people.
He gets more in pensions than I get in hard-earned wages, and that’s before taxes.
> But thank god he has been disgraced and the Jackson family
> has to live with the stain that he is a crook.
Don’t tell me that you actually think they are ashamed of this.
Criminal convictions, pedophilia, adultery, sexual perversion, embezzlement, extortion, these are all badges of honor for the demonRAT party. These are resume enhancers.
here is something else that is ridiculous:
“Prosecutors want staggered prison terms for the couple 18 months for her and four years for him so their children, ages 9 and 13, would not be without a parent.”
Does the average white citizen who commits these same acts get staggered sentences. Let the Race Baiter raise them.
And what is "serving" ?
Think about it;
All a politician does all day long is ... talk.
They get up, read a little and talk .. get driven to wherever and drink coffee and talk.
They have some food and talk during food and go back to talking.
Soon enough, or late enough, the talking ceases and they get "serviced" on the way home, probably while "talking" on a phone and go to sleep
That's work worthy of an annual retiremennt a laborer could only hope to achieve one or two years in his work career while he's young and healthy, doing a ton of overtime (for which he pays dearly in income taxes) ... ????
I understand what you are saying but it is still a stain on the Race Baiter.
But now he will be a hypocrite with his race baiting on a number of issues since his son is going to be found guilty.
What about an Obama phone?
I didn’t read your reply before I posted MINE (#10).. and that’s exactly my point.
It seems this would apply to a large majority of our "law makers".
Would it just be more advantageous (...aka cutting our losses) just to pay these people to GO AWAY?
So this is what the “bi-polar” nonsense must have been about.
Which begs the question...why did they go after the Jacksons???
To get Jesse Jr out of the political way by ruining him or because his dad said something about Obama’s nuts.
I’m frankly shocked the Chicago Sun Times (traditional Democrat and Jesse Jackson Sr. bootlickers) actually reported this.
er, Chicago Tribune (not Sun Times.) Still, democrat party and Jesse Jackson Sr. bootlickers......
kids going to be homeless