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.

The Federal Courts Have Become Another Political Branch

Politics has increasingly contaminated institutions once expected to stand apart from partisan struggle—including the judiciary.

“Melania” Movie Beats Negative Pre-Hype

My wife and I went to see the “Melania”...

Democrat Wins Show GOP Voters Are Not Motivated

Democrats won a special election in Texas, taking a State Senate seat. Democrat voters are motivated, while Republican voters are not.

The Great Voter Replacement: Understanding the Modern Democratic Party

The greatest threat to democracy is a population conditioned to stop asking questions, by the very people they should question the most.

ChatGPT: Vaccine Pimp Extraordinaire

A ChatGPT discussion on giving children a drug meant to prevent a disease largely spread through IV drug use and unprotected sex exposure risks posed

Sheriff Confirms ‘Crime Scene’ at Home of ‘Today’ Host Savannah Guthrie’s Mother

An Arizona sheriff said “we do have a crime scene” as authorities searched for the mother of Today host Savannah Guthrie, missing since the weekend.

Former Energy Commissioner Explains Why California Electricity Rates Nearly Double National Average

Jim Boyd, former energy commissioner for California, said that State’s average utility rate is currently about 96% higher than the rest of the nation.

Michigan Judge Among 4 Charged With Stealing Money From Incapacitated Wards

Four Detroit individuals, including a sitting judge and an attorney, are charged in a scheme allegedly embezzling funds from incapacitated victims.

Police Raid Suspected Las Vegas Biolab With Possible Ties to Illegal California Lab

Authorities in Las Vegas raided a home uncovering an alleged illegal biolab possibly linked to one run by Chinese nationals in California two years ago.

Trump Says UN Still Has Tremendous Potential, as Organization Struggles Financially

President Trump denied claims the UN may close its NYC headquarters for financial reasons, while praising the organization’s “tremendous potential.”

Trump Launches $12 Billion ‘Project Vault’ Critical Minerals Stockpile

President Donald Trump announced on Feb. 2 a new strategic private sector critical minerals stockpile.

US, India to Slash Tariffs Under New Trade Deal, Trump Says

The US and India have reached a trade agreement and will begin lowering tariffs on each other’s goods immediately, Trump announced

Trump Says US Starting to Talk With Cuba Following Cuts to Oil Deliveries

Trump says the U.S. has begun talks with Cuban leaders as it cuts off oil from Venezuela and threatens tariffs on countries selling fuel to the island.
spot_img

Related Articles