Democrat Anthony Weiner’s immediate future may be uncertain, but thanks to congressional rules and the salaciousness of his scandal, things are already looking up for the disgraced New York congressman.
Upon his official resignation in the wake of a monthlong scandal involving Weiner’s risque online communications with multiple women, Weiner will still be eligible for many congressional perks, including access to a sizable pension fund. (House staff have yet to announce they’ve actually received his resignation letter.)
The conservative National Taxpayers Union (NTU) estimates the 46-year-old congressman’s pension to be worth $1.28 million if he retires at age 62 or $1.12 million at age 56. The group’s computations assume that Weiner started his pension when he served as a congressional staffer for Sen. Chuck Schumer.
In addition, NTU notes that members also participate in a Thrift Savings Plan, which allows lawmakers to rake in matching contributions from taxpayers. “NTU estimates he may have as much as $216,011.96 in accumulated TSP assets,” the organization reported.
It’s a rule that all former members, even those convicted of felonies, may receive their pension funds.
That’s right–and the plum pension will go out to all members of Congress, even those who opposed the payments in the first place.