Biden receives largest pension payment
The amount is $417k, $17k above salary
Barack Obama plus Biden receives the largest pension among all US presidents in 2024. The payment amount is $417,000, which exceeds his official presidential salary by $17,000. The pension is formed after the president receives contributions from various federal agencies, including the services where he worked: first as a senator, then vice president, and finally president. Currently, parallel payments are made from the original organizations, allowing the maximum amount to be received. This is confirmed by official information about pension payments to former US presidents.
Context
Pensions of former presidents are funded from the federal budget and are paid gradually after the end of their term in office.
Biden received a $417,000 pension payout, $17,000 more than his presidential salary, the largest in U.S. history.
- Category: World
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- Source: https://t.me/newsby_btrc/184370
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