Former presidents entitled to $200K pension

<p class="p1"><em><strong>What is the retirement pay for an ex-president of the United States?</strong></em></p>Stock

{{tncms-inline alignment="left" content="&amp;lt;p&amp;gt;&amp;lt;span class=&amp;quot;s1&amp;quot;&amp;gt;The I&amp;lt;/span&amp;gt;&amp;lt;span class=&amp;quot;s2&amp;quot;&amp;gt;nformer answers questions from readers each Sunday, Monday and Wednesday. It is re&amp;lt;/span&amp;gt;searched and written by &amp;lt;strong&amp;gt;Andrew Perzo&amp;lt;/strong&amp;gt;, an &amp;lt;em&amp;gt;American Press&amp;lt;/em&amp;gt; staff writer. To ask a question, call 494-4098 and leave voice mail, or ema&amp;lt;span class=&amp;quot;s2&amp;quot;&amp;gt;il informer@americanpress.com.&amp;lt;/span&amp;gt;&amp;lt;/p&amp;gt;" id="4651b3a5-24da-4528-b584-0fe02f7d2c33" style-type="info" title="THE INFORMER" type="relcontent"}}

<p class="p1"><strong>What is the retirement pay for an ex-president of the United States?</strong>

<p class="p2">The Former Presidents Act, passed 60 years ago and subsequently amended, sets the pension for erstwhile heads of state at the basic pay rate for federal executive department heads, about $200,000 a year.

<p class="p2">“Prior to 1958, chief executives leaving office entered retirement without federal assistance. By the end of the 19th century, public sentiment reportedly dictated that it was not appropriate for former Presidents to engage actively in business affairs,” reads a 2016 Congressional Research Service report on ex-presidents’ benefits.

<p class="p2">“Suitable post-presidency occupations included practicing law, obtaining a university professorship, or writing for a newspaper or magazine. Some former Presidents, like Rutherford B. Hayes, became successful entrepreneurs. Others, like Ulysses S. Grant, suffered financial losses and had personal possessions taken by creditors.”

<p class="p2">The report says lawmakers, spurred by Harry Truman’s post-presidency money woes, passed the pension law in 1958 — the amount then was $25,000 a year — to “maintain the dignity” of the chief executive’s office by providing support for ex-presidents. But the idea of presidential pensions, the CRS report says, predated the legislation by nearly 50 years.

<p class="p2">“In 1912, discussions began in Congress about providing former Presidents and their spouses with annual pensions. That year, industrialist and philanthropist Andrew Carnegie reportedly offered to fund $25,000 annual pensions for all future former Presidents and their widows until they were provided for by the federal government,” reads the report.

<p class="p2">“The pensions were to be funded by the Carnegie Foundation of New York, which was founded just a year earlier. The New York Times reported that many Members of Congress deemed it inappropriate for a private corporation to provide pensions to former Presidents.”

<p class="p2">Some in Congress, prompted by Carnegie’s overture, introduced legislation that year to offer pensions to ex-presidents and widowed former first ladies. But the bills died in committees.

<p class="p2">Under the Former Presidents Act and other federal provisions, ex-presidents may receive funds to cover transition costs and travel expenses and an allowance to pay staff and rent office space. And they receive Secret Service protection.

<p class="p2">The widows of former presidents are eligible to receive a $20,000 annual pension until they die or if they remarry before turning 60. Nancy Reagan declined the pension.

<p class="p2">The total appropriation requests, submitted by the General Services Administration, for ex-presidents for fiscal year 2018, according a CRS fact sheet released in August:

<p class="p3">Jimmy Carter — $456,000.

<p class="p3">George H.W. Bush — $942,000.

<p class="p3">Bill Clinton — $1,063,000.

<p class="p3">George W. Bush — $1,140,000.

<p class="p3">Barack Obama — $1,153,000.

<p class="p2">The appropriations for the previous year:

<p class="p3">Jimmy Carter — $444,000.

<p class="p3">George H.W. Bush — $868,000.

<p class="p3">Bill Clinton — $1,045,000.

<p class="p3">George W. Bush — $1,138,000.

<p class="p3">Barack Obama — $370,000.

<p class="p2">For 2016:

<p class="p3">Jimmy Carter — $437,000.

<p class="p3">George H.W. Bush — $818,000.

<p class="p3">Bill Clinton — $969,000.

<p class="p3">George W. Bush — $1,047,000.

<p class="p2">Personal protection isn’t funded via the GSA, but through the Secret Service, which — for security reasons — doesn’t disclose how much it costs.

<p class="p4"><strong>Online:</strong> www.archives.gov/about/laws/former-presidents.html; https://fas.org/sgp/crs.

<p class="p4"> 

<span class="s1">The I</span><span class="s2">nformer answers questions from readers each Sunday, Monday and Wednesday. It is re</span>searched and written by <strong>Andrew Perzo</strong>, an <em>American Press</em> staff writer. To ask a question, call 494-4098 and leave voice mail, or ema<span class="s2">il informer@americanpress.com.</span>

SportsPlus

Local News

DeRidder man killed in single-vehicle crash

life

Volunteers at Second Harvest warehouse bag groceries for distribution

life

SW La. nightlife calendar: There’s always something to do

life

Jeff Davis Parish Fair focuses on fun, families

Local News

Rescuers race to free people trapped by Hurricane Helene after storm kills at least 35 in 4 states

life

McNeese Library to host rare book petting zoo 

Crime

9/27: Calcasieu Parish Sheriff announces arrest list

life

Slime time: Three hours of fun, food, movies planned for Nickelodeon Day of Play at Prien Lake Park

life

On the wild side: ‘Hit Me with Your Best shot’ exhibit showcases birds in their natural habitat

Local News

Cowboys start long road stretch

Local News

Teacher Alicia Chism: ‘Every student has the potential to succeed’

Local News

H.C. Drew School of Kinesiology showcases education, opportunities it offers

Local News

United Way leads disaster relief for Helene victims

Local News

Helene makes landfall as Category 4 hurricane

Local News

Landlords need renters, the parish has them

Local News

Louisiana Fortify Homes Program doubles number of grants to be awarded from 300 to 600

Crime

Sheriff: LC man fatally shoots neighbor, calls 911

Crime

Third suspect sought in fatal Rena Street shooting

Jim Gazzolo

Jim Gazzolo column: Schedule offers no rewards

McNeese Sports

Boogsie man: Silvera scary to offenses

Local News

Democrats try to censure Clay Higgins

Local News

2025 Chennault show up in the air

Local News

Library card opens door to free visits to state parks

Business

Port systems brace for possible dockworkers strike