President Pay After Leaving Office

The pension begins immediately after a president s departure from office.

President pay after leaving office. The current salary for the president of the united states is 400 000 per year with an expense account of 50 000. For 2017 the amount was 207 800 per year. Any compensation beyond this cap has to come from private funds.

When they first leave office they get up to 150 000 for staffing every year. Former presidents receive a pension and other benefits when they leave office. This number does not take into account the extras the former leader is entitled to including payroll for office.

Not only do ex presidents get pension checks but they also get to expense the money they use to pay for office staff. The secretary of the treasury pays a taxable pension to the president. Thereafter the former presidents act stipulates that the aggregate rates of staff compensation for a former president cannot exceed 96 000 annually.

If you think the president s perks end when leaving office think again. During the first 30 months after leaving office the former president gets a maximum of 150 000 per year for this purpose. The benefits former presidents receive is nearly 5 million dollars a year with more than 40 of that cost in office space.

As of 2020 it is 219 200 per year.