Thursday, March 28, 2024 Mar 28, 2024
44° F Dallas, TX
Advertisement
Giveaways

John Cornyn Triple-Dips on Government Pensions

By |

Texas’ 61-year-old senior senator has a good deal. He has claimed retirement benefits from his time as a district attorney, as a state supreme court justice, and as state attorney general — to the tune of $65,383 — while collecting his senatorial salary. But Cornyn’s deal doesn’t compare to Rick Perry’s. The governor collects a $92,376 early pension while still collecting his gubernatorial salary.

Why the public generosity on office-holder’s pensions? It’s a nice little perk that lawmakers have quietly baked into the system for themselves, while claiming to be fiscal conservatives.

Andrew Griggs of the American Enterprise Institute notes, “…on average the retirement package for state government employees—meaning pensions and retiree health benefits—is around seven times [italics added] more generous than for similar workers employed in larger private-sector companies.”

 

Related Articles

Image
Travel

Is Fort Worth Really ‘The New Austin’?

The Times of London tells us it's now the coolest city in Texas.
Image
Dallas 500

Meet the Dallas 500: Chakri Gottemukkala, o9 Solutions

The o9 solutions leader talks about garnering a $3.7 billion valuation, growing 10x over the next few years, and how the company is innovating.
Image
Local News

An Early Look at 2026 FIFA World Cup Logistics

The World Cup matches will be held in Arlington, but Dallas will be home to a great deal of team and fan experiences. We're getting an early look at what that will look like.
Advertisement