A couple of things that I’ve heard.
1. His retirement benefit is based on time working for the FBI not necessarily time working for the government.
2. He actually doesn’t lose his pension but that it is now deferred until he’s 57 years old.
3. I suspect that he will have little difficulty hooking on to some big firm for big bucks. Maybe Fusion GPS.
I could be wrong.
The DNC could just start paying him for the work he has been doing for them.
“2. He actually doesn’t lose his pension but that it is now deferred until he’s 57 years old.”
His multiplier goes from 1.7 to 1.0
There is pension and there are retirement benefits, like a government 401(k). Although, they don’t call it that.
That is based on his input and a match that is “his” money.
And it doesn’t count the half million his wife got.
IIRC, the law was changed a few years ago after Randy Cunningham got convicted of a federal felony and was sent to prison.
To wit, after conviction of a federal crime, a federal retiree looses his/her retirement.
So, if somehow, someway, McCabe “qualifies” for his FBI pension, when he is is convicted (and, he WILL BE CONVICTED!) of multiple federal crimes and sent to prison, he’ll lose his pension.
BTW, since Cunningham was the “trigger” for this law, and it was not in effect when he was convicted, he kept both is Navy and his Congressional pension.
Nah, you are correct. His retirement is only deferred. He will still get it all. Probably better that way anyway.