How Much Does A President Make After 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.

How much does a president make after office. For 2017 the amount was 207 800 per year. The benefits former presidents receive is nearly 5 million dollars a year with more than 40 of that cost in office space. 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.

Upon leaving office obama is set to receive less money in fpa funds than any other living president. The current salary for the president of the united states is 400 000 per year with an expense account of 50 000. The pension begins to be paid immediately when the president departs office at noon on inauguration day january 20.

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. Ex presidents are entitled to various forms of compensation by law after they leave office. The law known as the former presidents act was put in place to maintain the dignity of the office of the president by providing a pension support staff secret service protection and travel funds among other benefits.

What did that salary used to be and how do u s. If you thought the 400 000 salary presidents get every year they re in office was great you ll be blown away by how much former presidents are still entitled to. While he did request an increase of 588 000 in fpa funding for 2017 only 359 000 of it was earmarked for himself which includes his 205 700 pension staff salaries office space etc and the other 229 000 will be distributed between.

President donald trump stands with melania trump former president barack obama and michelle obama before the obama s departs on marine one after the 2017 presidential inauguration at the u s. This also applies to presidents who resign from office. Former presidents receive a pension and other benefits when they leave office.

Presidents get paid after they leave office. Today a sitting president of the united states can make 400 000 in salary alone. The president is also granted a 50 000 annual expense account.