It’s Time to Trim the Taxpayers’ Tab for Former Presidents’ Perks

NTUF:
Former President Joe Biden recently landed a $10 million book deal for his presidential memoir—just one of many lucrative opportunities available to former presidents. Yet, despite his private-sector earnings and personal wealth, Biden is receiving more taxpayer-funded perks than any other former president.

By virtue of his time in the Senate and as Vice President, Biden qualifies for an annual congressional pension starting at $166,374. Under the Former Presidents Act of 1958 (FPA), he also receives a presidential pension equal to a Cabinet Secretary’s salary—$250,600 in 2025. Together, these benefits provide him with a taxpayer funded annual retirement income of nearly $417,000, exceeding the $400,000 salary paid to the president.

The FPA also provides additional perks, including staff, equipment, and office space. Since 2000, former presidents have received over $130 million in taxpayer-funded pensions and perks—an average of more than $5 million per year. Budget data for FY 2026 show that Biden’s office and expense perks will exceed those of the other former presidents. more

12 Comments on It’s Time to Trim the Taxpayers’ Tab for Former Presidents’ Perks

  1. Any politicians and public servants retirement pay and benefits should be based on their performance during their time in office. And no more lie-braries should be allowed to be built for these narcissistic politicians.

Comments are closed.