Fauci Set to Receive Fatter Retirement Pension Than President’s Annual Salary

5Mind. The Meme Platform
The Epoch Times Header

Dr. Anthony Fauci will receive a tax-paid annual federal retirement pension benefit of $414,667—more than the President’s $400,000 annual salary—if he leaves the civil service service in January 2025, as he has said he plans to do, according to the nonprofit government watchdog Open the Books (OTB).

While the specific details of an individual federal employee’s retirement benefit are exempt from public disclosure under the Freedom of Information Act (FOIA), the formula used to determine the amount is public, as are key details, including annual salary and years of service.

The OTB figure was arrived at by the nonprofit’s auditors by using the known formula, salary data and number of years of service for Fauci, who is the long-time Director of the National Institute of Allergies and Infectious Diseases (NIAID) at the National Institutes for Health (NIH).

Fauci will have been a government employee for 59 years and be 85 years of age if he retires in January 2025. Under the present rules for federal compensation, his annual salary at retirement will be nearly $530,000, according to the OTB calculations.

He presently is paid $456,028 in annual salary compensation, making him the highest-paid employee on the federal payroll. His salary exceeds those of the president, the vice president, the heads of federal departments, senators and representatives, and the justices of the Supreme Court.

Fauci did not respond to The Epoch Times request for comment.

Adam Andrzjewski, OTB’s president, told The Epoch Times that “if it wasn’t already clear enough, Dr. Fauci’s profound impact on our public health policies, economy, and public schools is reflected by this enormous pension. At the end of the day, taxpayers helped fund this pension and guarantee all of it.”

The OTB chief added that the generosity of federal compensation overall is excessive, noting that “when debating the pay, perks, and pension benefits for federal employees, everything needs to be on the table. Today, the average federal bureaucrat makes six figures, receives 44 days of paid time off, and has a very lucrative retirement pension. It’s tough for the private sector to compete with this benefit package.”

By Mark Tapscott

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Gavin Newsom’s Supply Chain Califailure

Some people think Gov. Gavin Newsom is a communist or socialist. Some argue he is a far left progressive. “Time will tell.” And that time may be now!

Nick Shirley Drops His 2nd MN Fraud Video

Nick Shirley and his Minneapolis, MN researcher source are featured in a second documentary that consists of both an interview and field research.

Trump Heckler Suspended from Ford

TJ Sabula, a UAW Member Local 600 line worker at the Ford Rouge Plant in Dearborn shouted an insult at President Trump as Trump toured the plant.

Landman Series Broaches Woke in Season 2

Landman creator Taylor Sheridan is quite brilliant in how this segment of this first episode of his second season takes on the subject of woke.

The Right Needs to Make Their Lists, Apparently

The Democrats on the left, backed by their socialists and communists supporters, are hinting they want a civil war or revolution.

Maine Officials Say They’re Expecting ICE Operations in Coming Days

Top officials in Maine said they are expecting the Trump admin to send ICE agents to the state for enforcement operations soon.

Venezuela’s Machado Gifts Trump Her Nobel Peace Prize Medal

Speaking to reporters after their White House lunch meeting, Machado said she presented Trump with the Nobel Peace Prize medal she received in Oslo, Norway.

Federal Judge Denies DOJ Bid to Access California Voter Registration Rolls

A federal judge dismissed the DOJ’s bid to access California’s voter registration databases, ruling the demand for voter data was “unprecedented and illegal.”

Federal Judge Blocks Trump Administration’s Move to Withhold Minnesota Food Stamp Funds

A federal judge blocked the Trump administration from withholding $80M in SNAP funds for Minnesota, ruling USDA’s review deadline likely illegal.

Trump Unveils New Health Care Affordability Plan

President Trump unveils a new health care plan to lower costs via marketplace reforms, price negotiation, increased competition, and transparency.

Trump Says He Has No Plans to Fire Fed Chair Powell

President Donald Trump said in an interview that he has no plans to remove Federal Reserve Chairman Jerome Powell.

Trump Announces 25 Percent Tariff on Chips Not Used Domestically

President Trump signed an executive order to impose a 25 percent tariff on semiconductors imported into the United States that are not used domestically.

US to Suspend Visa Processing for 75 Countries

Somalia has been in the spotlight as there has...
spot_img

Related Articles