A new article by the Associated Press highlights how some state lawmakers use pensions, through double-dipping and spiking, to bring home more personal bacon.
The AP’s Kimberlee Kruesi revealed last weekend that 18 of Idaho’s 105 state legislators double-dip. That is, 18 legislators earn a pension while also receiving state legislative pay and benefits, including health and dental insurance.
[T]he average monthly payment for the 18 lawmakers currently receiving a state pension is $1,630, or $19,560 a year. The highest payment is $4,300 per month, while the lowest pension payment is $280 per month.
Additionally, all lawmakers receive a $17,358 annual salary, travel reimbursements and a per diem when the Legislature is in session.
Kruesi also detailed how lawmakers wrote themselves a pension loophole to boost their retirement payments after long careers in the Capitol:
...a lawmaker who serves the exact same amount of time in the Statehouse for the same pay, but then gets appointed to a similarly high paying state position will receive $65,700 a year in pension. This is because the law exempts legislators from having their pensions be split up.
IdahoReporter.com has written extensively about lawmakers’ pension perks. Most recently, IdahoReporter.com covered a citizens panel’s recommendation that lawmakers address the pension loophole. Read that story here.
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