--- title: "Meaning & Key Takeaway of: The retirement system that is in place…" description: "\"The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Pl..." image: "https://sms4smile.com/quotes/i/ef1/virgil-goode-23292_congress_the-retirement-system-that-is-in-place-f_1873102.jpg" --- # The retirement system that is in place for members of… ![“The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.” quote by Virgil Goode](https://sms4smile.com/quotes/i/ef1/virgil-goode-23292_congress_the-retirement-system-that-is-in-place-f_1873102.jpg) [Download](https://sms4smile.com/quotes/i/ef1/virgil-goode-23292_congress_the-retirement-system-that-is-in-place-f_1873102.jpg) [Open image](https://sms4smile.com/quotes/i/ef1/virgil-goode-23292_congress_the-retirement-system-that-is-in-place-f_1873102.jpg) > “The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.” [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He describes the Federal Employment Retirement Plan as the pension system for Congress and federal employees. **In simple terms:** It’s the retirement plan for lawmakers and federal workers. Key Takeaway Know the benefits and eligibility of federal retirement. Themes government retirement pensions policy benefits Mood informative neutral Type explanatory educational When to use this quote - career planning - financial advice - policy debates - government employment Key Concepts public service financial security legislation Questions to Reflect On - What are the plan’s main advantages? - How does it compare to private sector plans? A Different Perspective Complex eligibility rules can cause confusion for members. ★ ★ ★ ★ ★ No ratings yet [Congress](https://sms4smile.com/quotes/about/congress/) [Employment](https://sms4smile.com/quotes/about/employment/) [Employment Retirement](https://sms4smile.com/quotes/about/employment-retirement-1046484/) [Features](https://sms4smile.com/quotes/about/features/) [Federal Employment](https://sms4smile.com/quotes/about/federal-employment-2597313/) [Federal Workers](https://sms4smile.com/quotes/about/federal-workers-2380318/) [Known](https://sms4smile.com/quotes/about/known/) [Members](https://sms4smile.com/quotes/about/members/) [Plans](https://sms4smile.com/quotes/about/plans/) [Retirement](https://sms4smile.com/quotes/about/retirement/) [Retirement Plan](https://sms4smile.com/quotes/about/retirement-plan-416507/) [Workers](https://sms4smile.com/quotes/about/workers/) ## Related quotes > [For myself, I can't understand a life without a job. I don't know what I would do without employment. Retirement is out of the…](https://sms4smile.com/quotes/henry-rollins/for-myself-i-can-t-understand-a-life-without-a-job-i-don-t-know-what/) [Henry Rollins](https://sms4smile.com/quotes/author/henry-rollins/) > [I don't really have a retirement plan.](https://sms4smile.com/quotes/bob-dylan/i-don-t-really-have-a-retirement-plan/) [Bob Dylan](https://sms4smile.com/quotes/author/bob-dylan/) > [“The recommended retirement plan is arabesque, then leap and smash on the seawall.”](https://sms4smile.com/quotes/natalie-shapero/the-recommended-retirement-plan-is-arabesque-then-leap-and-smash-on/) [Natalie Shapero](https://sms4smile.com/quotes/author/natalie-shapero/) > [The easy way out is to approve an early retirement plan one year but not pay out sick and vacation time to deserving employees…](https://sms4smile.com/quotes/jodi-rell/the-easy-way-out-is-to-approve-an-early-retirement-plan-one-year-but/) [Jodi Rell](https://sms4smile.com/quotes/author/jodi-rell/) > [We need to reorganize our entire system of retirement plan investing and to develop federal standards of fiduciary duty for pension trustees and fund…](https://sms4smile.com/quotes/john-c-bogle/we-need-to-reorganize-our-entire-system-of-retirement-plan-investing/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [I had a very detailed retirement plan, and I feel like I've met every aspect of it: a lot of golf, a lot of…](https://sms4smile.com/quotes/andy-roddick/i-had-a-very-detailed-retirement-plan-and-i-feel-like-i-ve-met-every/) [Andy Roddick](https://sms4smile.com/quotes/author/andy-roddick/) > [A merit-based system will reward great public servants, and getting rid of the shirkers will improve morale and the pride of our federal workers.…](https://sms4smile.com/quotes/stephen-moore/a-merit-based-system-will-reward-great-public-servants-and-getting/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Lacking a profit motive, workers in the government by and large have a different work ethic from those in private industry. When they could…](https://sms4smile.com/quotes/ronald-kessler/lacking-a-profit-motive-workers-in-the-government-by-and-large-have-a/) [Ronald Kessler](https://sms4smile.com/quotes/author/ronald-kessler/) > [“And that brings me to one last point. I've got a simple message for all the dedicated and patriotic federal workers who have either…](https://sms4smile.com/quotes/barack-obama/and-that-brings-me-to-one-last-point-i-ve-got-a-simple-message-for/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I am a Georgia guy, and I have Brett Favre's card when he played with the Atlanta Falcons. That's my retirement plan.](https://sms4smile.com/quotes/forrest-griffin/i-am-a-georgia-guy-and-i-have-brett-favre-s-card-when-he-played-with/) [Forrest Griffin](https://sms4smile.com/quotes/author/forrest-griffin/) > [Starting a new retirement plan for those below a certain age is something tens of millions of Americans have already been through at work.](https://sms4smile.com/quotes/mitch-daniels/starting-a-new-retirement-plan-for-those-below-a-certain-age-is/) [Mitch Daniels](https://sms4smile.com/quotes/author/mitch-daniels/) > [A lot of the money in the stock market is really our national retirement plan, for better or worse.](https://sms4smile.com/quotes/ron-chernow/a-lot-of-the-money-in-the-stock-market-is-really-our-national/) [Ron Chernow](https://sms4smile.com/quotes/author/ron-chernow/) > [If you were to just design the perfect retirement plan, you would own the stock market or you would own the bond market. You…](https://sms4smile.com/quotes/john-c-bogle/if-you-were-to-just-design-the-perfect-retirement-plan-you-would-own/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [Working for company X and having a substantial portion of your retirement plan in company X is simply exposing yourself to too much risk,…](https://sms4smile.com/quotes/john-c-bogle/working-for-company-x-and-having-a-substantial-portion-of-your/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are…](https://sms4smile.com/quotes/hedrick-smith/in-western-europe-most-countries-have-variations-of-the-lifetime/) [Hedrick Smith](https://sms4smile.com/quotes/author/hedrick-smith/) ## More by Virgil Goode > [Both candidates for president talk about balancing the budget ten years from now. Even if they win, they won't be in office then.](https://sms4smile.com/quotes/virgil-goode/both-candidates-for-president-talk-about-balancing-the-budget-ten/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [We need to thank all of our troops, and particularly those for whom we can never express enough gratitude for they have given their…](https://sms4smile.com/quotes/virgil-goode/we-need-to-thank-all-of-our-troops-and-particularly-those-for-whom-we/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [In my case, I pay a standard premium to participate in the Federal Employees' Health Benefits Plan for my wife and myself out of…](https://sms4smile.com/quotes/virgil-goode/in-my-case-i-pay-a-standard-premium-to-participate-in-the-federal/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [In my almost ten years in the House of Representatives, I have voted consistently to allow companies to drill for oil and natural gas…](https://sms4smile.com/quotes/virgil-goode/in-my-almost-ten-years-in-the-house-of-representatives-i-have-voted/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [The salary of a member of Congress ends the day that he of she leaves office.](https://sms4smile.com/quotes/virgil-goode/the-salary-of-a-member-of-congress-ends-the-day-that-he-of-she-leaves/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [In addition, the bill passed by the House requires a person performing an abortion on a minor from a different state to notify one…](https://sms4smile.com/quotes/virgil-goode/in-addition-the-bill-passed-by-the-house-requires-a-person-performing/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [However, it may occur that we will find ourselves using a variety of fuel sources to give us the energy we need support our…](https://sms4smile.com/quotes/virgil-goode/however-it-may-occur-that-we-will-find-ourselves-using-a-variety-of/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [If American citizens don't wake up and adopt the Virgil Goode position on immigration there will likely be many more Muslims elected to office…](https://sms4smile.com/quotes/virgil-goode/if-american-citizens-don-t-wake-up-and-adopt-the-virgil-goode/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [We have indeed been fortunate in this country. Over the last 200 some odd years since our Nation was founded, rarely have there been…](https://sms4smile.com/quotes/virgil-goode/we-have-indeed-been-fortunate-in-this-country-over-the-last-200-some/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [We are giving away the country so a few very rich people can get richer.](https://sms4smile.com/quotes/virgil-goode/we-are-giving-away-the-country-so-a-few-very-rich-people-can-get/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [If the massive invasion is not stopped, we are going to be flooded to the extent that we will drift into third world status.…](https://sms4smile.com/quotes/virgil-goode/if-the-massive-invasion-is-not-stopped-we-are-going-to-be-flooded-to/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [The fact that the price of gasoline has declined some in recent weeks must not allow Americans to be lulled into a false sense…](https://sms4smile.com/quotes/virgil-goode/the-fact-that-the-price-of-gasoline-has-declined-some-in-recent-weeks/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [Amnesty is the magnet. Other magnets that you mentioned are anchor babies who get benefits in this country and employer deductions for employees, even…](https://sms4smile.com/quotes/virgil-goode/amnesty-is-the-magnet-other-magnets-that-you-mentioned-are-anchor/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [It is important that the United States move with all deliberate speed to develop and get into usage alternative fuels that will allow us…](https://sms4smile.com/quotes/virgil-goode/it-is-important-that-the-united-states-move-with-all-deliberate-speed/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [Even as we work to develop more sources of petroleum for the United States, we must continue our vigorous pursuit of alternative fuels, so…](https://sms4smile.com/quotes/virgil-goode/even-as-we-work-to-develop-more-sources-of-petroleum-for-the-united/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) [Explore all 26 Virgil Goode quotes ](https://sms4smile.com/quotes/author/virgil-goode/) ## More Congress quotes > [Well, my wife, Cathy Gillespie, worked for Joe Barton, who was running for Congress in 1984.](https://sms4smile.com/quotes/ed-gillespie/well-my-wife-cathy-gillespie-worked-for-joe-barton-who-was-running/) [Ed Gillespie](https://sms4smile.com/quotes/author/ed-gillespie/) > [We will make sure our troops have all that is necessary to complete their missions. That's why I went to the Congress last September…](https://sms4smile.com/quotes/george-w-bush/we-will-make-sure-our-troops-have-all-that-is-necessary-to-complete/) [George W. Bush](https://sms4smile.com/quotes/author/george-w-bush/) > [ I can't imagine that I would be asked that by the president-elect \[Donald Trump\], or then-president \[Barack Obama\]. But it's - I'm very clear.… ](https://sms4smile.com/quotes/james-mattis/i-can-t-imagine-that-i-would-be-asked-that-by-the-president-elect/) [James Mattis](https://sms4smile.com/quotes/author/james-mattis/) > [So our focus has to be on the things that we can control, which is to take the necessary measures working with Congress to…](https://sms4smile.com/quotes/jay-carney/so-our-focus-has-to-be-on-the-things-that-we-can-control-which-is-to/) [Jay Carney](https://sms4smile.com/quotes/author/jay-carney/) > [It's disgraceful that year after year, Congress has bowed to the tobacco lobby and refused to act.](https://sms4smile.com/quotes/edward-kennedy/it-s-disgraceful-that-year-after-year-congress-has-bowed-to-the/) [Edward Kennedy](https://sms4smile.com/quotes/author/edward-kennedy/) > [The Constitution is very clear on the - on the declaration of war or reacting to international crimes - crimes against nations. It is…](https://sms4smile.com/quotes/joe-pitts/the-constitution-is-very-clear-on-the-on-the-declaration-of-war-or/) [Joe Pitts](https://sms4smile.com/quotes/author/joe-pitts/) > [Can you understand why the Congress, most states and most cities refuse to pass legislation requiring the registration and licensing of any and all…](https://sms4smile.com/quotes/malcolm-forbes/can-you-understand-why-the-congress-most-states-and-most-cities/) [Malcolm Forbes](https://sms4smile.com/quotes/author/malcolm-forbes/) > [“ Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or…](https://sms4smile.com/quotes/united-states-congress/congress-shall-make-no-law-respecting-an-establishment-of-religion-or/) [United States Congress](https://sms4smile.com/quotes/author/united-states-congress/) > [As the longest serving Independent in the history of the United States Congress, as somebody who came into office by defeating an incumbent Democratic…](https://sms4smile.com/quotes/bernie-sanders/as-the-longest-serving-independent-in-the-history-of-the-united/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [As the first Member of Congress from western Washington to serve on the House Agriculture Committee in over 50 years, I am proud to…](https://sms4smile.com/quotes/rick-larsen/as-the-first-member-of-congress-from-western-washington-to-serve-on/) [Rick Larsen](https://sms4smile.com/quotes/author/rick-larsen/) > [About one-half of the members of Congress are seekers for office at the nomination of the President. Of the remainder, at least one-half have…](https://sms4smile.com/quotes/john-quincy-adams/about-one-half-of-the-members-of-congress-are-seekers-for-office-at/) [John Quincy Adams](https://sms4smile.com/quotes/author/john-quincy-adams/) > [My younger self could not imagine standing on the floor of Congress as a member of Congress voting on legislation that, if enacted, would…](https://sms4smile.com/quotes/ritchie-torres/my-younger-self-could-not-imagine-standing-on-the-floor-of-congress/) [Ritchie Torres](https://sms4smile.com/quotes/author/ritchie-torres/) > [Rahul Gandhi cannot be a prime minister because he is a citizen of Britain, and his Indian citizenship will be cancelled; he won't even…](https://sms4smile.com/quotes/subramanian-swamy/rahul-gandhi-cannot-be-a-prime-minister-because-he-is-a-citizen-of/) [Subramanian Swamy](https://sms4smile.com/quotes/author/subramanian-swamy/) > [We need less travelling by jet plaes from congress to congress... but more kneeling and praying and pleading to God to have mercy on…](https://sms4smile.com/quotes/martyn-lloyd-jones/we-need-less-travelling-by-jet-plaes-from-congress-to-congress-but/) [Martyn Lloyd-Jones](https://sms4smile.com/quotes/author/martyn-lloyd-jones/) > [Well I think that what we're seeing now is that the people feel like they, the people in Congress don't have their consent to…](https://sms4smile.com/quotes/laura-ingraham/well-i-think-that-what-we-re-seeing-now-is-that-the-people-feel-like/) [Laura Ingraham](https://sms4smile.com/quotes/author/laura-ingraham/) [Browse all 3,400 Congress quotes ](https://sms4smile.com/quotes/about/congress/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.", "creator": { "@type": "Person", "name": "Virgil Goode" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/virgil-goode/the-retirement-system-that-is-in-place-for-members-of-congress-and/", "about": { "@type": "Thing", "name": "Congress" }, "@id": "https://sms4smile.com/quotes/virgil-goode/the-retirement-system-that-is-in-place-for-members-of-congress-and/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ef1/virgil-goode-23292_congress_the-retirement-system-that-is-in-place-f_1873102.jpg", "contentUrl": "https://sms4smile.com/quotes/i/ef1/virgil-goode-23292_congress_the-retirement-system-that-is-in-place-f_1873102.jpg", "url": "https://sms4smile.com/quotes/i/ef1/virgil-goode-23292_congress_the-retirement-system-that-is-in-place-f_1873102.jpg", "width": 1080, "height": 1080, "caption": "“The retirement system that is in place for members of Congress and other federal workers features what is…” — Virgil Goode", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Virgil Goode", "item": "https://sms4smile.com/quotes/author/virgil-goode/" }, { "@type": "ListItem", "position": 4, "name": "The retirement system that is in...", "item": "https://sms4smile.com/quotes/virgil-goode/the-retirement-system-that-is-in-place-for-members-of-congress-and/" } ], "@id": "https://sms4smile.com/quotes/virgil-goode/the-retirement-system-that-is-in-place-for-members-of-congress-and/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```