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.

EU Commissar: Free Speech Is a Virus, Censorship the Vaccine

Ursula von der Leyen likened “malign information” to a virus, arguing society must be inoculated through “prebunking,” widely seen as censorship.

The family fault line

The future of humanity rests not upon government, but with the family. A principle that is as bold as it is true and profound.

Media is an Arm of the DNC

Those on the conservative right have realized both television, Hollywood, and the web have been biased in favor of the left and their causes and positions.

When Narrative Replaces Law

When media abandons its responsibility to inform and chooses to provoke, it does not distort truth. It creates the very chaos it then pretends to lament.

Behind the Curtain

At times people sense something is wrong. Events seem disconnected, yet together form a pattern of irrational policies, cultural shifts, and baffling narratives.

New York Civil Trial to Examine Liability in Teen Gender Surgery Case

The trial will determine liability for medical providers accused of malpractice in a gender dysphoria treatment involving surgery on a 16-year-old patient.

ICE Agent Involved in Shooting Is Getting Death Threats, Border Czar Says

Border czar Tom Homan defended ICE amid protests against the agency in the wake of the shooting death of a woman in Minneapolis.

Tens of Thousands Join Protests in Minneapolis After ICE Shooting

Tens of thousands of people took to the streets of Minneapolis on Jan. 10 to protest the shooting of Renée Nicole Good by an ICE officer,

Schools Increasingly Consider Rewarding Teachers for Results, Not Seniority

Across many states and hundreds of school districts, traditional teacher pay based on seniority is being replaced by merit and performance models.

Treasury Secretary Says US Can Easily Cover Any Tariff Refunds

The Treasury currently has $774 billion, more than enough to cover refunds if the Supreme Court rules against the government, Scott Bessent says.

Trump Declares National Emergency to Shield Venezuelan Oil Revenues Held in US Custody

Trump signed an EO declaring a national emergency to block courts or private creditors from seizing Venezuelan oil revenues held in U.S. Treasury accounts.

Trump Directs Purchase of $200 Billion in Mortgage Bonds

President Trump on Thursday ‍said the United States will purchase $200 billion ‌in mortgage bonds, with the goal of bringing down housing costs.

Trump Says US Will Begin Land Strikes on Cartels in Mexico

President Donald Trump announced in an interview aired Jan. 8 that the United States would begin launching strikes on cartels in Mexico.
spot_img

Related Articles