Article Image
IPFS News Link • Government

What Life Is Really Like For An Ex-President

• https://www.ranker.com

They Get A Pension For Life

Once they leave office, former presidents get a lifelong pension. In 1958, when Congress first passed the Former Presidents Act, the pension's value stood at $25,000 a year. Today, the pension amount equals the salary of a Cabinet member, currently $210,700 a year. Surviving spouses of deceased former presidents also qualify for an annual pension of $20,000. But what about presidents who resign, like Richard Nixon? In 1974, the Justice Department decided Nixon (and any future presidents who resign) would still get a lifetime pension. But presidents removed from office by impeachment lose the right to a pension.

The Secret Service Never Goes Away

As of 2013, former presidents get Secret Service protection for life. The Former Presidents Protection Act of 2012 reversed a 1994 law that ended Secret Service protection 10 years after a president leaves office. The same provision doesn't apply to the president's children and ex-spouses, though. Children get Secret Service protection until they turn 16, while spouses lose the protection if the couple divorces and they remarry.


Free Talk Live