The former president Joe Biden is preparing to receive the highest pension in the history of U.S. former presidents, an estimated amount of 417,000 dollars annually, fully funded by taxpayers.
This figure even exceeds his presidential salary of 400,000 dollars and doubles the approximately 200,000 dollars that Barack Obama receives in his retirement, highlighting a benefits system that rewards longevity in public office at the expense of the national treasury.
According to a detailed analysis by the National Taxpayers Union Foundation (NTUF), an organization dedicated to monitoring public spending, this record amount arises from a unique combination: the standard pension for former presidents, set at around 230,000 dollars annually, plus the benefits accumulated under the Civil Service Retirement System (CSRS) for his 36 years as a senator from Delaware and eight as vice president.
NTUF experts point out that such a high payment is «historically unusual,» attributable to the maximum salaries reached during his career, adjusted for inflation and without significant caps.
This double source of income reflects how the federal system, expanded under Democratic administrations, allows the accumulation of privileges that contrast with the economic difficulties of millions of Americans, exemplifying the abuse of public money by the left, which promotes a large and costly government while ignoring the tax burden on the middle class.
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