In a striking development, President Joe Biden has secured an unprecedented retirement package, drawing a staggering $417,000 annually, marking the largest pension ever awarded to a U.
S. president.
As reported by One America News, an analysis by Demian Brady from the National Taxpayer Union Foundation reveals that Biden, at 83, benefits from a "dual-pension" status, allowing him to collect more in retirement than the $400,000 salary he received while in office. This arrangement nearly doubles the payouts seen by his predecessors from both parties.
"Its pretty unusual, historically unusual, to have such a large pension amount," Brady remarked in an interview with the New York Post. The substantial pension, bolstered by Biden's extensive political career, is nearly twice what former President Barack Obama receives and surpasses Biden's own presidential salary by $17,000 annually.
Brady further explained that Biden's combined Senate and vice-presidential pension, approximately $166,000 annually, along with the $250,000 presidential pension, exceeds that of any other ex-president. "I would have to say that its the largest," he stated, highlighting the unprecedented nature of Biden's retirement benefits.
Brady also pointed out that there is no cap on the rent for Biden's office space, which could be located in a high-density area with high rent, funded by taxpayers. Biden's benefits stem from multiple federal retirement programs, reflecting his tenure as a U.S. Senator, Vice President, and President.
The Former Presidents Act of 1958 grants a pension equal to a Cabinet secretary's salary, currently set at $250,600. When combined with retirement income from the Civil Service Retirement System, linked to his extensive federal service, Biden's total pension sees a significant increase. Notably, Biden was elected to the U.S. Senate in 1972, before changes to the Senate retirement system slightly reduced benefits for more recent members.
Beyond the pension, the General Services Administration's (GSA) FY 2026 budget request disclosed that Biden's office expenses are notably higher than those of his predecessors. His office allowance is set at $727,000, compared to approximately $545,000 for Barack Obama and $542,000 for George W. Bush.
When considering the pension, staff allowance, and office rent, the total taxpayer cost for Biden's first full year of retirement is projected to exceed $1.5 million. This figure has become a focal point for Republican midterm candidates advocating for greater fiscal restraint, underscoring the need for a more conservative approach to government spending.
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