There's New Scrutiny Over The Congressional Pension Plan

Rep. Mike Coffman (R-Colo.) said he plans to introduce a bill reducing retirement benefits for lawmakers when Congress returns next month, according to GovExec. Coffman's bill would cut the defined benefit portion. This new proposal would not affect thrift savings plans as previous bills have. Other proposals have also called for longer service before accruing retirement benefits and pushing back the dispersal age to 65. Lawmakers currently begin accruing pension benefits after five years of service.