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The amount of money former presidents get for their office space and staff varies. Though it comes with a few perksliving in the white house traveling in air force one and the 400000 annual salary not everything is. While the first spouse has many responsibilities the position does not pay a salary.
president pay after leaving office

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Walsh contributor june 19 2015.

Dc tax office. In 2017 the annual pension was 207800. According to the former presidents act former presidents receive a monthly allowance from the secretary of the treasury equal to the basic pay of the head of an executive department. This also applies to presidents who resign from office.

Being the president of the united states is a tough job. The pension begins immediately after a presidents departure from office. Staff and office allowances six months after a president leaves office they get funds for an office staff.

Walsh contributor june 19 2015 by kenneth t. As of january 2011 this amount was 199700 according to the office of personnel management. Former presidents receive a pension equal to the pay that the head of an executive department executive level i would be paid.

The current salary for the president of the united states is 400000 per year with an expense account of 50000. President obama stands to make millions after he leaves office but it could diminish his stature. When they first leave office they get up to 150000 for staffing every year.

When harry truman left office back in 1953 he and his family were practically broke. Joe bidens income soared from less than 400000 a year while he was vice president to more than 15 million in the two years after leaving the obama white house a spike in wealth due to sales of. Former presidents receive a pension and other benefits when they leave office.

In 2010 for example carters office in atlanta came in at 102000 per year while bill clintons new york. During the first 30 months after leaving office the former president gets a maximum of 150000 per year for this purpose. As of 2020 it is 219200 per year.

It was then decided that the pensions should serve the role of the salary for former presidents to maintain the dignity of us presidency. Not only do ex presidents get pension checks but they also get to expense the money they use to pay for office staff.

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