By Jueseppi B.
This graphic disgusts me and disgraces American citizens of ALL races ages genders and political affiliations. Or it should.
A Hat Tip/Shout Out To Mr. Rae Busch
Salaries and Retirement Benefits of U.S. Presidents and Other Federal Government Employees
Example Questions That Can Be Answered Using This site:
- What is the current salary of the U.S. President?
- What is the pension amount given to former Presidents and Vice Presidents?
- How much does a (cabinet member, senator, representative, federal judge) make now? After they retire?
Presidential Salary Information
The most recent salary increase, to $400,000/year from $200,000/year, took effect when George W. Bush became President. The President also receives a $50,000 non-taxable expense account. The compensation of the President is controlled by law, specifically 3 USC 102 (“Compensation of the President”, Title 3, Section 102, of the US Code).
You can view the section of the U.S. Code dealing with presidential salaries at the United States Code website published by the Office of the Law Revision Counsel, U.S. House of Representatives: Presidential Salary
infoplease has also created this page which summarizes Presidential and Vice Presidential Salaries from 1789 to the present. President George Washington, for example, was offered a salary of $25,000/year:
Salaries of the President, Vice President, and Other U.S. Officials
The salaries listed below are annual as of 2011. The president most recently received a raise in 2001.
|Majority and Minority Leaders||$193,400|
|Speaker of the House||$223,500|
|Chief Justice, U.S. Supreme Court||$223,500|
|Assoc. Justice, U.S. Supreme Court||$213,900|
1. Plus $50,000 non-taxable expense allowance to assist in defraying expenses relating to or resulting from the discharge of his official duties.
2. Plus $10,000 taxable expense allowance.
Source: Office of Personnel Management. Web: www.opm.gov/ .
Salary Information for Vice President and Other High Ranking Federal Officials
Other federal officials, such as the Vice President, Cabinet members, and members of Congress do not have fixed salaries, but rather ones that can increase annually. These salaries are summed up for the years of 2003 to 2005 in an online document published by the Congressional Research Service called Salaries of Federal Officials by Barbara L. Schwemle [CRS Report for Congress 98-53 GOV].
Salaries of Federal Officials: A Fact Sheet
Barbara L. Schwemle
Analyst in American National Government
Government and Finance Division
The Ethics Reform Act of 1989 provides for an annual salary adjustment for all positions on the Executive Schedule as well as for Members and leaders of the Senate and the House of Representatives (103 Stat. 1716, at 1769).1
Adjustments are based on the percent of change in the private sector wages and salaries element of the Employment
Cost Index (ECI) minus 0.5%. They are to go into effect at the same time as, and at a rate no greater than, the basic pay rate adjustments for the General Schedule (GS). By law (95 Stat. 1183, at 1200), judges’ salaries must be authorized separately.
Table 1. Salaries of Federal Officials
Click tables to enlarge
You can track most federal officials’ salary changes that were made each year since 1996 by visiting the Office of Personnel Management’s Compensation Policy Memoranda page, which will have a link to the most recent pay adjustment information.
For example, the January 2002 Pay Adjustments page has a link to this text document, showing the following salary information: Vice President – $192,600; Speaker of the House – $192,600; Majority & Minority Leaders of the Senate & House – $166,700; Senators & Representatives – $150,000; Cabinet members (Executive Schedule, Level 1) – $166,700; etc.
Presidential Pension Information
The retirement benefits received by former Presidents include a pension, Secret Service protection, and reimbursements for staff, travel, mail, and office expenses. The Presidential pension is not a fixed amount, rather it matches the current salary of Cabinet members (or Executive Level I personnel), which is $191,300/year as of March, 2008 (but see “Salary Info” section above for advice on how to track increases in this figure).
If you are interested in more information on presidential pensions, an excellent resource on former Presidents’ retirement benefits is the Congressional Research Service PDF document called Former Presidents: Federal Pension and Retirement Benefits by Stephanie Smith [CRS Report for Congress 98-249 GOV].
Also, according to the United States Secret Service: Frequently Asked Questions page, legislation that Congress passed in 1997 (Public Law 103-329) made President Clinton the last president to receive secret service protection for the rest of his life. George W. Bush and all presidents after him will receive protection for 10 years after they leave office. To see the bill, search THOMAS on the Library of Congress website for more information on H.R. 4539. (The GPO Access page for Public and Private Laws does not have online records that go back far enough.)
Pension Information for Vice President and Other High Ranking Federal Officials
The Vice President’s salary is $230,700. The salary was set by the 1989 Government Salary Reform Act, which also provides an automatic cost of living adjustment for federal employees.
The Vice President does not automatically receive a pension based on that office, but instead receives the same pension as other members of Congress based on his position as president of the Senate. The Vice President must serve a minimum of five years to qualify for a pension.
As with salaries, the rules governing the retirement benefits of the Vice President, Cabinet members, members of Congress and other federal officials are different than those that apply to the President, with benefits laid-out in the rules of the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS). Thus, their retirement benefits (including pensions) will vary from individual to individual, depending on factors such as years of service.
The following paragraph excerpted from the Congressional Research Service PDF document called Retirement Benefits for Members of Congress by Patrick J. Purcell [CRS Report RL30631] provides some idea of how much the pensions are for former Vice Presidents, Cabinet members, members of Congress and other federal officials. It provides averages for annual pensions given to retired members of Congress.
“As of October 1, 2006, 413 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service. Of this number, 290 had retired under CSRS and were receiving an average annual pension of $60,972. A total of 123 Members had retired with service under both CSRS and FERS or with service under FERS only. Their average annual pension was $35,952 in 2006.”
Retirement Benefits for Members of Congress
Congressional pension is a pension made available to members of the United States Congress. Members who participated in the congressional pension system are vested after five (5) years of service. A full pension is available to Members 62 years of age with 5 years of service; 50 years or older with 20 years of service; or 25 years of service at any age. A reduced pension is available depending upon which of several different age/service options is chosen. If Members leave Congress before reaching retirement age, they may leave their contributions behind and receive a deferred pension later. The current pension program, effective January 1987, is under the Federal Employees Retirement System (FERS), which covers members and other federal employees whose federal employment began in 1984 or later. This replaces the older Civil Service Retirement System (CSRS) for most members of congress and federal employees.
The pension amount is determined by a formula that takes into account the years served and the average pay for the top three years in terms of payment. For example, a member elected before 1984 and thus qualifying under the CSRS plan, who worked for 22 years and who had a top three-year average salary of $153,900 would be eligible for a pension payment of $84,645 per year. A member elected after 1984 would have been enrolled under the FERS plan, and their pension payment under the same conditions ($153,900 top three-year average salary and 22 years of service) would be $55,404.
In 2002, the average pension payment ranged from $41,000 to $55,000.
Updated February 9, 2007
Patrick J. Purcell
Specialist in Social Legislation
Domestic Social Policy Division
These Office of Personnel Management webpages explain FERS and CSRS:
You can also look at the US Code on “Civil Service Retirement” (Title 5, Part III, Subpart G, Chapter 83, Subchapter III).
Information on rules governing the retirement benefits of members of the federal judicial system can be found in the US Code at 28 USC Sec. 627 (Title 28, Part III, Chapter 42, Section 627).
Note that former Vice Presidents (unlike former Presidents) do not receive Secret Service protection. The U.S. Secret Service does not list them on either their Protective Mission page or their FAQ on “Who is the Secret Service authorized to protect?”.
Thank you ipl2.org & a Hat Tip/Shout Out To Mr. Rae Busch
Senators, Representatives and so called “expert pundits” scream about cuts to Social Security, Medicare, Medicaid, Snap, WIC, Unemployment Insurance. Want to know where the actual cuts need to be made……
Take an educated guess.
Categories: 2014 Mid Term Elections, Affordable Health Care Act, Art & Poetry, Black Genocide Movement, Business, Campaign Ads, Causes, Comments, Congress, Daily White House Schedule, Dumbshit Stories, Economy, Event, Expert Pundits, Finance, Food Art Poetry, GOPukes/RepubliCANTS, Information & Links, Interview, Keep Hope Alive, Medicare/Medicaid/Social Security, News, ObamaCares (AHCA), Opinion, Photography & Images, Politics, The ObamaCares Files, The White House Daily Snapshot, Vice President Joseph Biden, White House Blog