@ErinForYall (1) Salary: $600/month (2) Per diem: $221/legislative day [typically 140 days every biennium] (3) Health insurance: state pays 100% of premium for member and 50% of premium for dependents (range is $624.82/m for member-only or $1,221.74/m for member + family)
Cody Vasut
@cvasut · TX · H
Posts103
Engagement103
Voting-record position0.234
CoverageMar 27, 2021 to Nov 24, 2021
Voting-record position is available for 3,335 of 5,927 legislators. Missing values are shown, not hidden.
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Percentage-point difference between this legislator’s topic share and the party median. Bars left are under-indexed; bars right are over-indexed.
Most distinctive Labor 2.3 pp above the party median
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Voice fingerprint. 1 topics shown on a symmetric scale from −2.3 pp to +2.3 pp. Most distinctive topic: Labor, 2.3 pp above the party median.
Under-indexed Party median Over-indexed
- Labor Over-indexed +2.3 pp
Bars share a symmetric scale of ±2.3 pp.
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| Topic | Legislator share | Party median | Difference | Direction | Posts |
|---|---|---|---|---|---|
| Labor | 3.5% | 1.2% | +2.3 pp | Over-indexed | 103 |
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@ErinForYall (4) Retirement: members are eligible for retirement at age 60 with 8 years of service and 50 with 12 years of service. Benefit is currently .023% x years of service x $140,000 [district judge salary back in 2019]
@ErinForYall Factoring all of this in, and assuming salary and per diem do not change or only change by inflation, yields these results: 21-year old state rep who serves 8 years with no special sessions and receives health insurance for the member-only: $77,247.52 over biennium ($38,623.76/y)
@Griffonsrock @CocaCola No disagreement there. We should have common hours across the state that are sufficient to allow all shift workers an opportunity to conveniently vote at multiple polling places.
@ErinForYall If you are going to calculate the equivalent wage of a state representative, you would have to factor in salary, per diem, and benefits. Retirement would have to be converted to net present value. Since members are of different ages and service lengths, this varies.
@ErinForYall All things being equal (same retirement formula, 2% inflation, 7% earnings growth), the net present value for retirement for a state representative who serves 8 years starting at age 21 and waits to retire until age 60 is $8,455.92/year. This is the low end of the range.
@ErinForYall The net present value for retirement for a state representative who serves 12 years starting at age 38 and retires at age 50 is $38,309.97/year. This is the high end of the range.