From the Daily News:State lawmakers draw a $79,500 salary from taxpayers for their part-time legislator jobs — but for most of them, that’s just chump change.
A new study shows that members of the state Assembly and Senate took home between $178,140 and $237,941 in 2012 on average, thanks to outside income from investments and jobs with law firms and other businesses.
“Being a state legislator is considered a part-time job and, clearly, a lot of them treat it as such,” said Bill Mahoney of the New York Public Interest Research Group, which released the study with Common Cause/NY on Tuesday.
Lawmakers on average earned far more than the state’s median household income, which was $56,951 last year.
And some earned stratospheric salaries with 20 legislators recording total assets worth $1 million or more.
The revelations about lawmakers’ wealth are available thanks to new ethics disclosures that for the first time required all elected officials to report details regarding their outside incomes. The lawmakers disclosed income ranges, not specific details.
2 comments:
One million in assets - does that include their homes? Even a shitbox in Flushing is now worth over $500K.
Might you have a link to this data so we could check our local lawmakers income?
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