Perry double dips state salary and pension

AUSTIN, Texas (AP) ? Texas Gov. Rick Perry is a double-dipper, collecting a salary and retirement benefits simultaneously.

A personal financial disclosure form that presidential candidates are required to file shows that Perry is collecting his $7,700 monthly state pension. That is allowable under state law, using a complicated formula.

Perry's salary as governor is roughly $133,000.

Collecting retirement benefits while drawing a state salary will likely expose Perry to criticism from those who complain that public sector employees are too generously compensated.

Perry's financial disclosure form was made public Friday by the Federal Election Commission.

He reported a net worth of at least $1.3 million and an annual income of $290,000.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2011-12-16-US-Perry-Personal%20Finance/id-9e3b6220a4264418b7816ff34dc7aa14

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