DO YOU THINK THEY ARE WORTH IT? Congressional pension is a pension made available to members of the United States Congress. As of 2019, members who participated in the congressional pension system are vested after five years of service. A pension is available to members 62 years of age with 5 years of service; 50 years or older with 20 years of service; or 25 years of service at any age. While many Americans struggle to save for retirement, elected representatives and senators in the U.S. Congress receive substantial pension benefits for life. The median net worth for a member of Congress is over $1 million.1 The median wealth for an American household, in contrast, was $176,500 in 2022, the most recent data available.
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