How Much Do Presidents Make After Office

Children of former presidents receive secret service protection until they are 16 years old.

How much do presidents make after office. January 09 2017 by business american staff read text only version when donald trump becomes 45th president of the united states on january 20 he ll be assuming an office that s helped substantially improve the means of his predecessors including the man he ll be replacing president barack obama. How presidents make their millions. What did that salary used to be and how do u s.

For 2017 the amount was 207 800 per year. As of january 2011 this amount was 199 700 according to the office of personnel management. Presidents get paid after they leave office.

This number does not take into account the extras the former leader is entitled to including payroll for office staff and free postage for life. Bush has been doing much the same thing. Eisenhower are now entitled to receive lifetime secret service protection.

Each former president receives the same salary as a current member of the presidential cabinet. But just like most politicians presidents don t endure the rigors of the campaign trail and put up with life as the most scrutinized leader in the world for the money the cash really starts rolling in when. According to title 3 of the us code a president earns a 400 000 salary and is still on government payroll after leaving office.

In 1994 protection was reduced to 10 years for presidents taking office after 1997. The pension begins to be paid immediately when the president departs office at noon on inauguration day january 20. This protection limitation was reversed in early 2013 by the former presidents protection act of 2012 pub l.

Former presidents and their spouses receive secret service protection for life in 1994 congress reduced it to 10 years for presidents who entered office after 1997 but congress reinstated lifetime protection in 2012. This also applies to presidents who resign from office. The president of the united states is paid 400 000 a year while in office they also earn a substantial pension for the rest of their life under the former presidents act of 1958.