Thursday, December 22, 2011

Rick Perry ‘retires’ to collect state pension while still governor

By Muriel Kane
Friday, December 16, 2011

Texas Governor and current Republican presidential candidate
Rick Perry appears to have pulled something of a fast one on
his state’s taxpayers by officially “retiring” earlier this
year so that he could begin collecting an annual pension of
$92,376 at the same time as he continues to draw his
$150,000 a year salary as governor.

The arrangement went into effect last January but became
public knowledge only this week, when Perry’s presidential
campaign filed the personal financial disclosure statement
after having previously received two successive delays.

Perry was asked about the payments during a campaign stop in
Iowa on Friday and replied, “That’s been in place for
decades … I don’t find that to be out of the ordinary. [The
Employee Retirement System] called me and said, ‘Listen
you’re eligible to access your retirement now with your
military time and your time and service, and I think you
would be rather foolish to not access what you’ve earned.’”

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