I see you believe in a “well I was told” world. A 35-year Fed retiree, under CSRS, doesn’t get 80% retirement. For 35 years the individual would get 7.5% for the first 5 years of service, 8.75% for the next 5 years, and then 50% for the final 25 years for a total of 66.25% of their high 3 average pay.However, their are bigger retirement bennies that should be the focus.
Like taxes, they should be flat rate.
Civil Servant 80% of their pay (under the old system) for 35 year in a normal 9-5 office job. Oh they have a union...
Retired Military 50% for 20 years if they were injured while on AD they would have a disability and wouldn't be collecting retirement.
Member of the House/Senate 100% retirement for life.
I feel no one should be entitled to more than 50% for life. If you lived your life well and stayed in one geographic area you should be set.
OOPs the military can't do that either, let's move every 3-5 years and establish another mortgage.
Just saying why do we have entitlements at all. If you made bad choices about your career/life it's only you who should be held accountable.
Another misconvception of yours is your statement regarding Congressional retirement. Senate and House members fall under the Fed retirement system and none receive 100% retirement as it is calculated exactly the same as a Fed employees retirement is (variations exist depending whether the person is covered by CSRS of FERS), but no one gets 100% and I challenge you to show otherwise.