To solve the debt crisis, Americans—who are already suffering in these tough economic times—will have to make even more sacrifices, Rep. Mike Coffman told his House colleagues last year. So, leaning on his military service, the 58-year-old Colorado Republican argued that members of Congress should take the first step and abolish their congressional pensions. “If there’s one thing I learned in both the United States Army and the Marine Corps about leadership, it was leading by example,” Coffman lectured them, pointing to his chest at a committee hearing. “Never ask anyone to do anything that you yourself would not be willing to do.”

What Coffman left unsaid that day in a speech about his bill’s “symbolic” importance was that he was collecting a $55,547 state-government pension in addition to his congressional paycheck. Having spent two decades as an elected official in Colorado, he has received retirement benefits since 2009, the year he arrived in Congress.
“We did not want to double-dip on the taxpayers in a time of fiscal challenge.”—Rep. Chris Gibson, R-N.Y., who declines his pension

Coffman is not alone. About 90 members from both chambers collected a government pension atop their taxpayer-financed $174,000 salary in 2012, National Journal found in an examination of recent financial records. Including a dozen newly elected freshmen who reported government pensions last year, the number now stands above 100. That’s nearly one-fifth of Congress. One lawmaker, freshman Rep. Joyce Beatty, D-Ohio, received $253,323 from her government pension last year—a sum that, combined with her congressional salary, will make her better paid than President Obama this year.

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