Fri June 17, 2011
Estimate: Weiner's Pension And Benefits Could Exceed $1 Million
In about a decade, when he's eligible to start drawing from his Congressional pension and savings plans, Rep. Anthony Weiner (D-NY) will be able to tap into benefits worth between $1.12 million and $1.28 million, the conservative-leaning National Taxpayers Union estimates.
As Roll Call says:
"At 46, Weiner will not be eligible for his pension for another decade, at which point he could begin drawing a reduced rate of $32,357 a year, according to NTU. If he waits until age 62 to begin drawing his pension, he will receive his full benefits, or $46,224, according to NTU's calculations."
Weiner announced Thursday that he is resigning from the House. As we wrote, he "has seen his political career crater over the past two weeks due to an extramarital sexting scandal and his lies about what he did."
H/T to On Politics.