Opera News

Opera News App

Donald Trump's Pension Per Month In Kenya Shillings And Other Benefits After Retirement

KosgeiKips
By KosgeiKips | self meida writer
Published 19 days ago - 13078 views

Donald Trump,the former President of the United States of America,is one of the wealthiest people in the world,considering that he has a chain of businesses worth billions of dollars.Donald Trump.Photo; Courtesy

So,despite losing power in the last elections to Joe Biden,the ex-president still eats life with a big spoon ,as he is entitled to a handful of benefits,including a pension and funds for travel among other benefits annually (The current president,Joe Biden,pockets $33,333 -Ksh 3.3 million every month) .These are some of them;Joe Biden.Photo; Courtesy

1.Annual Pension

Leaving Oval office means that Donald Trump is now back to ‘real life’ after four years in the highest office on earth.To ensure that Former US Presidents do not get broke,and lead a modest life,the federal government pays each one of them pensions that match the salary of a cabinet secretary which is about $211,000 (Ksh 21,100,000) per year or Ksh 1,758,333 per month.Harry Truman.Photo; Courtesy

This was made possible in 1958 after Harry Truman,struggled to support himself after leaving office despite being offered a number of jobs that would have earned a lot of money, arguing that taking any job would reduce the dignity of the office of the presidency.

‘’I would could never lend myself to any transaction,however respectable,that would commercialise on the prestige and dignity of the office of the presidency,’’he explained.

2.An office and staff

In addition to the pension paycheck,Trump will also receive money that will be used to pay his office staff.For the next 30 months after,he will be getting up to $ 150,000 (Ksh 15,000,000) for staffing every year.After 30 months elapse,the money drops to $96,000 per year.Donald Trump retirement home.Photo; Courtesy

3.Financial security for spouse

In case a Former US dies,his widow is entitled to $ 20,000 (KSH 2,000,000) pension every year as long as she is not holding any federal office and don’t remarry before the age 60.This is done to ensure that the former first family continue to lead a dignified life.Melania Trump.Photo; Courtesy

4.Secret Service protection

Having occupied the highest office in the land,Donald Trump is still a public figure and therefore his security is paramount.He is entitled to Security Service Protection for the rest of his life.The Secret Service.Photo; Courtesy

His wife,Melania Trump,will also enjoy the same benefit( unless she re-marries).Their children too get free security until they turn 16.If Trump foregoes the Secret Service protection,he will be receiving up to $ 1,000,000 and up to $ 500,000 for his wife each fiscal year for security and travel related expenses.

5.Personal earnings

In addition to the pension,Trump is free to publish memoirs,join corporate boards and give speeches for payment around the world.These activities can earn him a lot of money.Barack Obama.Photo; Courtesy

For example,Clinton has earned over $ 65 million in speaking fees alone and another $15 million for his published memoirs.Fomer President,Barack Obama charges as much as $400,000 for a speaking engagement (Ksh 40 million).

Content created and supplied by: KosgeiKips (via Opera News )

Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

Woman Kills Her Children, Chops and Makes Soup Out of their Remains (Graphic Photos)

1 hours ago

975 🔥

Woman Kills Her Children, Chops and Makes Soup Out of their Remains (Graphic Photos)

Ridiculous Reasons Behind the Annual ‘Fat Man’ Contest Observed in Ethiopia.

1 hours ago

23 🔥

Ridiculous Reasons Behind the Annual ‘Fat Man’ Contest Observed in Ethiopia.

If You Have A Small Hole On Your Ear, Check Out The Causes And Treatment

2 hours ago

36 🔥

If You Have A Small Hole On Your Ear, Check Out The Causes And Treatment

How To Stay Fit In Your 30s, 40, and 50s

2 hours ago

10 🔥

How To Stay Fit In Your 30s, 40, and 50s

Things To Teach Your Children At Home

2 hours ago

1 🔥

Things To Teach Your Children At Home

Phone Charging Mistakes You are Making that Will Leave Your Phone Dead

3 hours ago

78 🔥

Phone Charging Mistakes You are Making that Will Leave Your Phone Dead

Moi University Dean Of Students Reacts After Noticing That Several Students Are Starving

3 hours ago

825 🔥

Moi University Dean Of Students Reacts After Noticing That Several Students Are Starving

Dear Men, This Is How To Make Her Addicted To You Forever

4 hours ago

65 🔥

Dear Men, This Is How To Make Her Addicted To You Forever

Police Recovers Missing Hand Of Dead Man After A Day

4 hours ago

186 🔥

Police Recovers Missing Hand Of Dead Man After A Day

Egg Curry; There Is More Than One Way To Crack An Egg

4 hours ago

5 🔥

Egg Curry; There Is More Than One Way To Crack An Egg

COMMENTS