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February 20, 2013 3:29 PM

Are congressmen worth $107,000 a year in retirement?

After retiring from a 36-year career in the U.S. House of Representatives last month, Norm Dicks has no doubt that he’s worth every penny of his new pension: It will allow the Washington state Democrat to cash a monthly check from the U.S. government for $7,365.82. Critics say the pension system is far too generous and that members of Congress should put their retirement money on the table as they look for ways to cut federal spending.

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