Nice work if you can get it

July 17, 2008

What’s wrong with this picture?

ALBANY — Senator Joseph L. Bruno, who led the State Senate for 14 years, has offered many reasons why he is leaving the Senate by the end of the week after a public career of four decades.

[. . .]

There is another factor to consider, though.

Mr. Bruno, a Republican, is likely to get a significant raise from the state by retiring.

He is paid the base legislative salary of $79,500, but his pension, which is a percentage of the average of his three highest-salary years, will be $90,000 to $100,000, because until June he received an extra $41,000 a year for being majority leader, according to the state comptroller’s office. He would be giving up somewhere in the neighborhood of $1,300 a month, before taxes, by remaining in office.

Indiana’s legislators have a pretty generous pension plan, but at least they get only part-time pay while they’re actually serving.

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2 Responses to “Nice work if you can get it”

  1. tim zank Says:

    Nice work indeed, if you can get it!

  2. Bob G. Says:

    Ok, Tim…where do WE sign up???

    B.G.
    (could deal with THAT kind of P/T job)


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