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Texas Tribune: Perry Retired Early to Get Pension Benefits Texas Tribune: Perry Retired Early to Get Pension Benefits

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The Trail: 2012 Presidential News from the Field / CAMPAIGN 2012

Texas Tribune: Perry Retired Early to Get Pension Benefits

Texas Gov. Rick Perry, a candidate for the Republican nomination for president.(Chet Susslin)

photo of Rebecca Kaplan
December 16, 2011

Texas Gov. Rick Perry boosted his gross annual salary nearly $100,000 by formally retiring in January, which allowed him to collect pension benefits and his governor’s salary at the same time, according to a story on Friday in the Texas Tribune.
 
The 61-year-old Perry’s state salary of $150,000 is now being supplemented by a monthly retirement annuity of $7,698 before taxes, or $6,588 in net income. That brings his annual earnings to more than $240,000, the newspaper estimated.

“The disclosure is sure to spark criticism of Perry, who has called for sweeping changes to Social Security for average workers and has railed against special ‘perks’ that members of Congress get,” wrote Texas Tribune reporter Jay Root. Perry’s communications director, Ray Sullivan, told the Tribune that the move was “consistent with Texas state law and Employee Retirement System Rules.” 

The governor continues to pay 6.5 percent of his salary into the Employees Retirement System, Sullivan said.

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