I believe a Senator or Representative is entitled to a government pension if he serves as little as a single day.Actually to earn a pension our Congressional Representatives must serve at least five years. They may receive a pension at age 50 if they have served 20 years or they may receive a pension at any age if they have served 25 years. It is a myth that our Representatives do not participate in Social Security. They actually get both. They pay 6.2% of their current $174,000 salary into Social Security and 1.3% into the FERS (Federal Employee Retirement System). How much they get from FERS is a mystery to me.
Senators are eligible for a pension after serving for at least five years. The amount of pension received is based on the years of service and the average salary during the highest three consecutive years of service.
They have 6 year terms and as long as they are elected they can serve. No retirement age.
no
unknowed
8 years
yes
Unfortunately a graphic designer must find a new career if he/she wants to work till retirement.
I am enjoying early retirement.
The retirement age was previously 65 has been phased out so that now, most people can continue to work for as long as they would like.
For as many terms as they're elected to serve.
After the the new law the age of retirement is 65 years.
The retirement age in the UK has been scrapped. People can work as long as they want to - so long as they're capable of doing the job they're paid for.