"Government is a trust, and the officers of the government are trustees;
and both the trust and the trustees are created for the benefit of the people." - Henry Clay, 1829
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Mellow's state pension could be triple his salary $313,000From the Scranton Times-Tribune: Sen. Robert Mellow could be eligible for an annual taxpayer-funded state pension amounting to nearly three times his $110,250 salary when he leaves office in November. Mr. Mellow, 67, is eligible to collect the bulk of his pension through the state government's defined-benefit plan. In addition, Mr. Mellow can collect supplemental pension benefits to reach a minimum $313,000 annual payout he may be getting through the little-known state-run Benefits Completion Plan. The combination of two pension streams will enable Mr. Mellow to have retirement benefits that greatly exceed his current $110,250 Senate salary as well as the incomes of average Pennsylvanians. In addition to generous pensions, state lawmakers enjoy top-level health benefits that cover medical care, eye and dental care and prescription drugs in retirement. Since 2006, current and retired senators contribute 1 percent of their incomes toward health benefits. |
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