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2010 - Congress retirement plan must read

In reference to Raymond Red Corn update #120 and

Government Operations Committee.

Supernaw sponsor bill ONCA 10-45

 

 

I am against this whole idea for additional compensation including retirement and additional funds, especially during this economic time.

 

Copy of Raymond Red Corn update #120:

 

At present, members of Congress are paid an annual salary of $56,000 and an annual stipend of $9,000 with no additional benefits. The stipend is a flat monthly amount ($750) to cover three things; on-reservation mileage, health benefits,* and cell phone expenses.

 

It would allow the participation in the benefit package available to regular full-time employees or its monetary equivalent at the discretion of the official. According the Congressional budget analyst , this would allow a member of Congress to draw $10,731 in cash in addition to their $56,000 salary.

 

· It would add Nation-funded life and disability insurance to the compensation package. Cost: $38/year per member.

 

· In addition to the above benefits, it would include the original idea proposed by Congressman Supernaw to add a retirement match up to $2800/year. If the language underlined above passes, the member may not even be required to put up the match, but may be able to pull down the $2800 in cash.

 

· It would include an expense reimbursement for "authorized travel and cellular phone use", with Congress deciding the definition of “authorized travel”. I believe the current arrangement is preferable, and fair; it treats all members of Congress equally, regardless of where they live.

 

In short, the amendments proposed today do away with the flat-cost stipend ($9,000/year), then install a compensation package worth $10,769 (cost to the Nation), plus a potential $2,800 in Osage Nation contributions to a retirement account, plus still pay for all "authorized" mileage and phone.

 

Comment and Opinion:

 

You forget what this Congress has done to the Executive Branch Budget and cut some employees base salaries and meddled in their raises, held up their bonus at the end of the year. This does not include those Osages out of work or ability to get relief to obtain help in paying their bills on time. MONEY, MONEY, MONEY is all that some of you think about your own personal needs and who are you going to screw the next time. Shame on You!

 

As I stated before - The Elected Congress should have their own 401K or IRA Account. After all you all consider yourselves above the laws, without any

 

--- On Mon, 4/12/10, Raymond Redcorn wrote:

 

 

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