4.07.2006

We Taxpayers May Have to Keep Paying Tom DeLay As Soon As He's Gone

I am livid! Gee, is your pension so lucrative? People like DeLay have zero problem letting corporate American cancel employee retirement promises. So why should we pay for his?

From the Houston Chronicle:

WASHINGTON - When he resigns in a few months, U.S. Rep. Tom DeLay immediately will be eligible for a congressional pension of nearly $67,000 a year.

The Sugar Land Republican, who will turn 59 on Saturday, would get a total of about $1.3 million in pension payouts in the next 20 years alone. DeLay also will be eligible to participate in the health plan available to all federal retirees.

His pension would be unaffected by any conviction on the campaign finance charges he faces in Travis County or any charges rising from the congressional lobbying scandal in which two of his former aides, and former ally and lobbyist Jack Abramoff, have pleaded guilty.