After 46 Years Of Service, Senator Farley To Collect Salary and Pension

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Sen. Hugh Farley, R-Niskayuna, will turn 80 later this month and has 46 years of public service, excluding most of his time in the Army.

So come January, after getting re-elected to an 18th term on Election Day, Farley will begin to collect his salary and pension. His salary is $104,500 and his pension will be about $52,000, Farley said today. He’s deferring some pension payments for his wife.

Farley, who come January would be the longest-serving member in the Senate, said he decided to take his pension because he’s maxed out in the system and so the pension could be transferred to his wife were something to happen to him. He was first elected to the Senate in 1976 and served in local government since 1970.

“I have to do it to protect my wife. All she would get is the death benefit,” if he didn’t take his pension, Farley said.

As of earlier this year, 15 state lawmakers were collect a salary and a pension for serving in the same job. Some are retiring at year’s end.

The practice has been criticized because lawmakers officially retire at the end of their term, then start their new term in January — allowing them to double dip. State law allows elected officials who were in office before 1995 to collect their pensions at age 65, even if they stay in the same job. Lawmakers receive a base salary of $79,500, but many receive stipends for committee assignments.

Farley said the situation for him and older members are different. If they don’t take the pension, their spouses wouldn’t be able to collect it if they died in office.

“I have to do it to protect my family. It depends on the situation,” Farley said. “There’s some talk that they want to be able to protect it so that if you die in office, at least you don’t lose your pension for your wife. I think that’s a problem.”

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5 Comments

  1. we could only be so lucky on

    His district could only be so lucky to see him gone. If the Senate turns Dem once again, the R’s likely won’t bother trying to get that seat back. They’ve got no one to run in it anyhow. His son will never get the support locally.

  2. Yessiree, its always the Dems who abuse the system. The GOP puts taxpayers first and goes after greedy public employees.

  3. Pretty element of content. I just stumbled upon your web site and in accession capital to assert that I get in fact enjoyed
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  4. What about a blog post about Real Workers who get to work and spend a full day taking care of state or local govt business providing services such as snow plowing at 3 AM, serving hot lunches to our children in school, keeping order and safety on school buses, driving those school buses, dispatching emergency personnel to our life threatening situations, attending to the incapacitated in state nursing homes, and other serives elected officials only talk about for 46 years !!!

    46 years: wow. imagine the deals and relatives on the payroll: generations of them !