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Thread: Is Rand rejecting pension like his father?

  1. #1

    Is Rand rejecting pension like his father?

    I am under the assumption that Ron relinquished his entire pension and also possibly rejected his congressional health insurance. How accurate is this and has Rand followed suit in his father's footsteps?



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  3. #2
    As far as I know (and can find) Rand has not made any statements on the subject. He does use the Senate healthcare plan (the Senate is currently under the Obamacare program).

    https://www.cnn.com/2017/07/18/polit...its/index.html

    The vast majority of congressional members and staffers get their insurance through the Washington, DC, exchange, known as DC Health Link. The exchange has a reputation for working well, in part because of its small, more manageable size, according to Alice Rivlin, a senior fellow in economic studies at the Brookings Institution's Center for Health Policy.
    http://abcnews.go.com/Politics/rand-...ry?id=48719598

    "We have Obamacare," he added. "It's terrible. My wife and I spend hours on the phone trying to get the insurance companies to pay for anything. We're just like every American -- very, very frustrated with the insurance system."
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  4. #3
    I hope not. He's the only senator earning it.
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  5. #4
    But Ron rejected pension and healthcare?

  6. #5
    Yes, he did.
    Quote Originally Posted by angelatc View Post
    There's not a liberty lover on the planet who isn't called a liberal by the right, and a con by the left.

  7. #6
    Quote Originally Posted by kona View Post
    I am under the assumption that Ron relinquished his entire pension and also possibly rejected his congressional health insurance. How accurate is this and has Rand followed suit in his father's footsteps?

    I don't remember hearing Ron reject health insurance. Ron did reject a pension. I would be surprised if Rand turned down a pension or health insurance. I don't actually understand why Ron wouldn't take a Congressional pension. It is part of their compensation and people in Congress don't make that much relative to the effort and grief it takes to become a member of Congress. I sure as hell would take a Congressional pension and I would vote myself a raise.

  8. #7
    Rand became a Congressman much younger in his career than Ron did. Although he never told me for sure, I suspect he makes less money as a Senator than as an eye doc (which he isn't allowed to do anymore). I don't blame him for taking a pension.
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  9. #8
    Quote Originally Posted by Matt Collins View Post
    Rand became a Congressman much younger in his career than Ron did. Although he never told me for sure, I suspect he makes less money as a Senator than as an eye doc (which he isn't allowed to do anymore). I don't blame him for taking a pension.
    Ron also made money from the books he wrote and sold. Estimates of his net worth range from $2 million to $5 million.

    https://www.davemanuel.com/pols/ron-paul/

    Rand estimates run from a bit over $500k to $1.2 million. http://members-of-congress.insidegov.../399/Rand-Paul
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  11. #9
    Rand is not his father...ermageerrrrrrrdddd
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  12. #10
    Quote Originally Posted by Zippyjuan View Post
    Ron also made money from the books he wrote and sold. Estimates of his net worth range from $2 million to $5 million.
    I know that at least one of his books --I think it was "Revolution, a Manifesto"--had a note in it that all profits from the book were going to his nonprofit org. Maybe more than one of them.

  13. #11
    Quote Originally Posted by Matt Collins View Post
    Rand became a Congressman much younger in his career than Ron did. Although he never told me for sure, I suspect he makes less money as a Senator than as an eye doc (which he isn't allowed to do anymore). I don't blame him for taking a pension.
    Ron was younger in age than Rand by nearly a decade when each started their political careers - how late did Rand start practicing optometry?

    More on topic, I've been critical of Rand over the years, but this ranks low on the list of issues that rankle me. If this were one of the main issues of differentiation between Ron and Rand, I'd be over the moon.
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  14. #12
    Just to clarify, I hope his pension is worth 100mm.

  15. #13
    Quote Originally Posted by kona View Post
    Just to clarify, I hope his pension is worth 100mm.
    millimeters?
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  16. #14
    Quote Originally Posted by Zippyjuan View Post
    Rand estimates run from a bit over $500k to $1.2 million. http://members-of-congress.insidegov.../399/Rand-Paul
    That seems really low. Regardless, I think Rand and Ron should take whatever they're legally entitled to.
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  17. #15
    Quote Originally Posted by EBounding View Post
    That seems really low. Regardless, I think Rand and Ron should take whatever they're legally entitled to.
    I remember looking through an article on this 4 or 5 years back. He didn't strike me as someone who was great with his money. From what I remember he had a paid off house and a disproportionate amount of money in gold and Treasuries.

  18. #16
    Quote Originally Posted by EBounding View Post
    That seems really low. Regardless, I think Rand and Ron should take whatever they're legally entitled to.
    Should that also apply to everybody eligible for things like welfare?
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  20. #17
    Quote Originally Posted by Zippyjuan View Post
    Should that also apply to everybody eligible for things like welfare?
    Yup.
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  21. #18
    Quote Originally Posted by Zippyjuan View Post
    Should that also apply to everybody eligible for things like welfare?
    As long as you vote to get rid of it and do your best to support yourself.
    The government has stolen so much from everyone that any way you can get a little of your money back is good.
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