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Does the president get a pension?

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Pension. The Secretary of the Treasury pays a taxable pension to the president. Former presidents receive a pension equal to the pay that the head of an executive department (Executive Level I) would be paid, as of 2017 $207,800 per year. The pension begins immediately after a president's departure from office. read more

Should the former president be survived by a spouse, the spouse is granted a pension of $20,000 for life, as well as a free postage benefit. On top of all these pension payments and benefits come the expenses involved with the personal protection of each former president and his family. read more

Though former President Barack Obama has said he isn’t retiring yet, he’s already set to receive a healthy governmental pension. The Former Presidents Act lays out the benefits past presidents receive after they leave office, including a pension and additional funds for travel, office space, staff, and other requirements needed to “maintain the dignity” of the presidency. read more

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