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Response to spooky3 (Reply #36)

Wed Jul 11, 2018, 10:31 PM

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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Judi Lynn Jul 2018 OP
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