President Joe Biden may retire from almost 50 years of public assistance next week, but he will still be eligible for benefits not available to the typical resident.
Ex-presidents leave the Oval Office to join one of the most exclusive clubs in the world, with only four remaining living ex-presidents left after later last year’s death. Binding, who is scheduled to join the club in a few days, will continue to receive pensions and safeguards during his term in office.  ,
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After serving 36 years in the Senate, eight as vice president, and four as president, his pension will be at least$ 13, 000 higher than his current salary of$ 400, 000, according to a National Taxpayers Union Foundation report. When Biden leaves office, he will receive a$ 166, 000 congressional pension and an executive branch pension of$ 246, 400 per year.
Combined, Biden may get about$ 413, 000 per year.  ,
Under the 2012 Former Presidents Protection Act, past leaders also have the right to life-long Secret Service protection. When he leaves office, Biden’s safety information will decrease because sitting presidents receive much more security than previous presidents.
This law replaced a previous law that made it illegal for past presidents and their communities to have Secret Service protection for ten years if they served after 1997. All potential former president will be protected by the Secret Service for the rest of their lives beginning with former senator George W. Bush.  ,
Previous presidents ‘ safety varies depending on their level of risk and public exposure. The toughest steps are usually implemented right away after they leave office.
Ex-presidents have the option of absolving their privileges if they so choose. Richard Nixon, the previous president, gave up his Secret Service protection in 1985, 11 years after he left, and he is still the only president to do so.
Previous leaders also have access to medical care in military hospitals, which they can get from the Office of Management and Budget. Furthermore, under the Federal Employees Health Benefits Program, leaders can purchase health insurance.
In terms of day-to-day existence, a former leader can do pretty much whatever they please, but Biden hasn’t indicated what exactly he may do. Soon after former President Barack Obama left business, he took a vacation to Palm Springs, California, and then the British Virgin Islands with his family.
Save for President-elect Donald Trump, ex-presidents normally escape the public gaze and become more exclusive in their day-to-day life. For instance, Bush Jr. took up decoration when he moved up to Texas and has often engaged in public, social activities.  ,
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When Biden moved out of the evil political house at the Naval Observatory in 2017, he and first lady Jill Biden rented a house in McLean, Virginia, in the Washington, D. C., cities until 2020. While in the White House, Biden spent many weekends at his shore home in Rehoboth Beach, Delaware.  ,
Previous presidents frequently established foundations under their own names to help pay for their national library initiatives. In 2021, Obama inaugurated his political core.
