While Trump remains on the campaign trail...

[Radiohead]

Does anyone know how long he must be in to get pension? I have googled it and can't find that out.

 

[Boss 302]

Former Presidents Act

(3 U.S.C. § 102 note) (a) Each former President shall be entitled for the remainder of his life to receive from the United States a monetary allowance at a rate per annum, payable monthly by the Secretary of the Treasury, which is equal to the annual rate of basic pay, as in effect from time to...

www.archives.gov

(3 U.S.C. § 102 note)

(a) Each former President shall be entitled for the remainder of his life to receive from the United States a monetary allowance at a rate per annum, payable monthly by the Secretary of the Treasury, which is equal to the annual rate of basic pay, as in effect from time to time, of the head of an executive department, as defined in section 101 of title 5, United States Code [section 101 of Title 5]. However, such allowance shall not be paid for any period during which such former President holds an appointive or elective office or position in or under the Federal Government or the government of the District of Columbia to which is attached a rate of pay other than a nominal rate.

(f) As used in this section, the term “former President” means a person--

(1) who shall have held the office of President of the United States of America;

(2) whose service in such office shall have terminated other than by removal pursuant to section 4 of article II of the Constitution of the United States of America; and

(3) who does not then currently hold such office.



It reads to me they get it even if they resign before their term is up; as long as they weren't forcibly removed.

 

[cptlo]

Biden is already getting a pension for being VP and in the senate for 400 years.

Former Vice President Joe Biden, on the other hand, receives his retirement income based on his role as President of the Senate. Rules for Senate pensions are much more complicated than presidential pensions, but assuming he has been covered under the Civil Service Retirement System for the past 43 years, Biden’s pension could be around $248,670 per year.

 

[Paxilpapa]

You mean to say, if we elect Joe as the federal dog catcher year after year,,, he can't collect any pension???

 

[Boss 302]

You mean to say, if we elect Joe as the federal dog catcher year after year,,, he can't collect any pension???

That's right. If he gets elected, the pension is suspended until he leaves office.

 

[Paxilpapa]

That's right. If he gets elected, the pension is suspended until he leaves office.

This is starting to sound like plan. Elect some of these bozos to a 4 year do nothing job,,, for a buck a year. Look at the money we could save!

 

[The Sound Guy]

If I had not already voted, I’d write him in for the coda valley environmental office.

 

[J-man]

Fox Business network really needs to limit their airtime given to Rudy Giuliani, he’s just one notch more sane than Biden and it doesn’t reflect well on Maria Bartiromo when she has to nudge Rudy along during their segment.

 

[Far West]