Elections should be all the term limits we need but they are not. With each term in office an elected official gains political contacts and name recognition making re-election easier and easier. Most elected officials become worse over time. The tendency is for them to develop a world view wherein they side with government in the battle between government and people. They accept and enjoy their status as ‘leaders’ governing their serfs. A few stand the test of time with humility and dedication to proper limited government ideology. Very few.
How do we avoid being ruled by career politicians with corrupted values?
Term Limits. But they’re in charge and they won’t vote against their own selfish interests. So what to do? Vanishing Golden Parachutes.
After their 1st term if an elected official does not run for re-election he gets a full pension for life.
After their 2nd term if an elected official does not run for re-election he gets a half pension for life.
After a 3rd term he gets no pension ever.
Those in office now have the option to be grandfathered into the old system or take the new system as if this were their first term.