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The secretary of the treasury pays a taxable pension to the president. Former presidents receive a pension equal to the salary of a Cabinet secretary (Executive Level I); as of 2020, it was $219,200 per year [5] and since January 2022, $226,300. The pension begins immediately after a president's departure from office. [6]
The vice president's salary in 2019 was $235,100. [104] ... former vice presidents receive their retirement income based on their role as president of the Senate. ...
As vice president, Pence earned a salary of $235,100 per year. Before this position as VP, Pence’s primary source of income was his salary as the governor of Indiana from 2013 to 2017.
The annual salary of the vice president is $235,300. [7] The salary level was set by the Government Salary Reform Act of 1989, which provides an automatic cost of living adjustment for federal employees. The vice president receives the same pension as other members of Congress as the president of the Senate. [8]
As vice president, Harris earns an annual salary of $235,100 and lives at Number One Observatory Circle, a Victorian mansion on the grounds of the U.S. Naval Observatory. ... and at least $1.2 ...
“Withdrawing funds from a retirement plan before age 59 ½ is not typically recommended,” explained Joe F. Schmitz Jr., the founder and CEO of Peak Retirement Planning. “Not only are you ...
Senate salaries House of Representatives salaries. This chart shows historical information on the salaries that members of the United States Congress have been paid. [1] The Government Ethics Reform Act of 1989 provides for an automatic increase in salary each year as a cost of living adjustment that reflects the employment cost index. [2]
Being a member of Congress comes with a slew of financial perks. In addition to a rewarding salary, U.S. representatives and senators receive lifetime pensions and a taxpayer-matched savings plan ...