Former US President Joe Biden receives an annual pension of approximately $417,000. This was reported by The New York Post.
According to the source, Biden's pension is higher than his official salary during his presidency. It is also noted that this amount is almost twice the amount of the pension received by Barack Obama. It was reported that Biden's pension is $17,000 more than his annual salary as president.
The article emphasizes that the high pension set for the former president is linked to his long-term political career. In particular, he has the right to receive payments from two different state pension funds from the first year after his resignation. According to Damian Brady, Vice President of the National Taxpayer Protection Fund, Biden holds a "unique status" due to his political activities.
For information, Joe Biden has worked as a senator, vice president, and president throughout his career, and this experience is considered an important factor in the formation of his pension amount.
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