Hi zanders
The President earns $400,000 dollars a year.
After his presidency he will receive a pension at a rate linked to the
salaries earned by cabinet members.
"The compensation of the President is controlled by law, specifically
3 USC 102. The most recent salary increase, from $200,000/year to
$400,000/year took effect when George W. Bush became President. The
President also receives a $50,000 non-taxable expense account."
"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
- $166,700/year as of January, 2002."
You can find this information with further details at the Internet
Public Library:
Salaries and Retirement Benefits of U.S. Presidents and other Federal
Government Employees
http://www.ipl.org/div/farq/pensionFARQ.html
The C-Span 'Public Affairs on the Web' site tells you more including,
if you are a US citizen, how to ask for reports on federal officials'
salaries:
"What are the annual salaries of Senators and Congressmen? Ithaca, New
York - 1/23/01
The current salary for Members of both the House and Senate increased
on January 3, 2001 to $145,100 per year, pursuant to an automatic COLA
[cost-of-living allowance] provision adopted as part of the Ethics
Reform Act of 1989. A COLA increase now takes effect annually unless
Congress takes an affirmative vote to block it.
The Speaker of the House, Majority and Minority Leader of the House
and Senate all make more. The Speaker's current salary is $186,300.
The party leaders make $161,200.
Congress also voted an increase in the President's salary to $400,000,
effective January 20, 2001. The Vice President earns $186,300. For
other federal official salaries, ask your Member of Congress or
Senators to send you a Congressional Research Service report,
"Salaries of Federal Officials: A Fact Sheet," by Sharon Gressle,
December 19, 2000. CRS Reports are free, but available only from a
congressional office. Many can be e-mailed.
You can identify and contact your own Members of Congress on C-SPAN's
"Write to Congress" page.
Members also receive retirement, health, and other benefits. Their
entire compensation package is described in other reports by the
Congressional Research Service, available upon request from your
Senator or Representative's office. The CRS reports are entitled
"Salaries and Allowances: The Congress" by Paul Dwyer, and "Retirement
Benefits for Members of Congress" by Patrick Purcell."
Capitol Questions
http://www.c-span.org/questions/weekly18.htm
I hope this is helpful. Please feel free to request clarification if
anything is unclear.
Regards - Leli
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