Tuesday, April 28, 2009

EVERY COUNTRY PROVIDES FOR FORMER PRESIDENTS

By law, former Presidents are entitled to pension, staff and office expense, medical care or health insurance, and Secret Service protection.

Pension

The Secretary of Treasury administers a (taxable) pension. It is equal to Executive Level I rate of pay, an executive department head's salary (currently $191,300). The pension begins immediately after President's departure from office. A former president's widow may have a lifetime annual pension of $20,000, if she relinquishes any other statutory pension.[1]

Transition

Transition funding for the expenses of leaving office is available for seven months. It covers office space, staff compensation, communications services, and printing and postage associated with the transition.

Staff and office

Private office staff provided by the Administrator of General Services and funds. Persons employed under this subsection shall be selected by the former President and shall be responsible only to him for the performance of their duties. Each former President shall fix basic rates of compensation for persons employed for him which shall not exceed $96,000 annually.[1]

Medical

Former Presidents are entitled to treatment in military hospitals; they pay for this at interagency rates set by the Office of Management and Budget. Two term presidents may buy health insurance under the Federal Employees Health Benefits Program.

Secret Service protection

Former Presidents are entitled to lifetime Secret Service protection, for themselves and spouses and minor children under 16.

1 comment:

  1. Guyana is a developing nation not the United States of America , a comparative analysis should be done with Trinidad or Jamaica to be more realistic.I believe you would find what is being suggested in the "Bill" is way below what Panday or Portia is receiving....or better if the title "President" is relevant then by all means use developing Latin and South American counties.

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