Learn all about Argus in our Patch 7.3 - Week 1 Survival Guide and the Comprehensive Argus Guide. 1  Level: 31. 2  Requires level 27. 3  Loremaster: Desolace. 4  Side: Horde. 5  Start: Ancient Vortex Runestone. 6  End: Cerelia. 7  Not sharable. 8  Difficulty: 27 29 34 39. 9  Added in patch 4.0.3.13277.
So a congressman with 22 years of service and whose average salary for the top three years was $153,900 gets $84,645. A current congressman ending up with six years of service (it's two-year terms, after all) would get at least $16,503 (at age 62, of course). In actuality, the average congressional pension payment ranges between $41,000 and $55,000, based on 2002 data from the Congressional Research Service. Now, a retiring congressman isn't allowed to get more than 80 percent of their salary upon retirement.
As it is for all other federal employees, congressional retirement is funded through taxes and the participants' contributions. Members of Congress under FERS contribute 1.3 percent of their salary into the FERS retirement plan and pay 6.2 percent of their salary in Social Security taxes.   Members of Congress are not eligible for a pension until they reach the age of 50, but only if they've completed 20 years of service.