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Former Presidents: Federal Pension and Retirement Benefits
Publication Date: April 2005
Publisher(s): Library of Congress. Congressional Research Service
Series: 98-249
Topic: Government (Government employees)
Abstract:
Congress enacted the Former Presidents Act (FPA) in 1958 to provide former Presidents an annual lifetime pension, currently $180,100, and office allowances administered by the General Services Administration (GSA). The FPA, as amended, also provides former Presidents with travel funds and mailing privileges (3 U.S.C. 102 note). Secret Service protection for former Presidents is also authorized by statute. The FY2006 budget request of $2.95 million provides for pensions and allowances for the former Presidents. This report will be updated to reflect any changes in benefits or funding.