Former Presidents: Federal Pension and Retirement Benefits (CRS Report for Congress)
| Release Date |
Revised March 18, 2008 |
| Report Number |
98-249 |
| Authors |
Stephanie Smith, Government and Finance Division |
| Source Agency |
Congressional Research Service |
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Summary:
Congress enacted the Former Presidents Act (FPA) in 1958 to provide former Presidents an annual lifetime pension, currently $191,300, 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. P.L. 110-161, the FY2008 Consolidated Appropriations Act, authorizes $2,478,000 in funding for former Presidents. The President's FY2009 budget requests $2,934,000 to provide former Presidents with pensions and office allowances.
