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In reply to the discussion: Supreme Court nominee Brett Kavanaugh piled up credit card debt by purchasing Nationals tickets, Whi [View all]FBaggins
(26,727 posts)39. They don't report present value of future pension benefits
The retirement funds reported would be outside of that. Congress and the Executive branch are the same way.
You may be thinking of retirement benefits for Supreme Court Justices-
Nope. While the income I mentioned was mistakenly an older SC level rather than the current appellate court level, they're quite close and both have the option to retire at full income at 65 (assuming at least 15 years of service).
So the initial point remains. Unlike almost everyone else, they have no need to accumulate significant retirement assets and can set their standard of living at roughly their after-tax income level with little risk.
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Supreme Court nominee Brett Kavanaugh piled up credit card debt by purchasing Nationals tickets, Whi [View all]
Judi Lynn
Jul 2018
OP
Or spent irresponsibly, or maybe in better shape than it appears? From the article,
spooky3
Jul 2018
#26
not according to the Investopedia--if that were true, the present value of his account
spooky3
Jul 2018
#36
I think the point is he has wasted more than he has saved up- and with having two young kids
bettyellen
Jul 2018
#10
No, but he is a nationally respected lawyer with lots of opportunities to make big
Sophia4
Jul 2018
#11
He makes a high salary and has for years . Debt /low savings with high earnings-something looked at
lunasun
Jul 2018
#14