Obama has a bigger pension than Romney!
| As president, Obama will receive $191,300 annually for life — win or lose in next month’s election — and receives a travel allotment as well as mailing privileges. Should Obama lose, his presidential pension kicks in immediately after leaving office.
Given that the president enjoys a normal life span, the pension allotment would be worth upwards of $6 million. The federal budget spends about $3 million annually for the four living ex-presidents. Obama also will get Secret Service protection. In addition, Obama may be due a nice pension for the eight years he served in the Illinois Legislature as a state senator. Illinois is infamous for its lavish pension plan for former lawmakers. A Freedom of Information Act request for Obama’s pension amount submitted Wednesday to the General Assembly Retirement System of Illinois was not immediately answered, nor was a call to the Obama campaign. |
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Publius Prime 