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ALBANY — Senator Joseph L. Bruno, who led the State Senate for 14 years, has offered many reasons why he is leaving the Senate by the end of the week after a public career of four decades.
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There is another factor to consider, though.
Mr. Bruno, a Republican, is likely to get a significant raise from the state by retiring.
He is paid the base legislative salary of $79,500, but his pension, which is a percentage of the average of his three highest-salary years, will be $90,000 to $100,000, because until June he received an extra $41,000 a year for being majority leader, according to the state comptroller's office. He would be giving up somewhere in the neighborhood of $1,300 a month, before taxes, by remaining in office.
Indiana's legislators have a pretty generous pension plan, but at least they get only part-time pay while they're actually serving.