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Dr. Fauci’s Retirement Pension ($414,667) Will Exceed President Joe Biden’s Salary ($400,000)
Key Excerpts from Article on Website of OpenTheBooks
Posted: August 15th, 2022
https://openthebooks.substack.com/p/dr-faucis-retirement-pen...
This week, Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases (NIAID), announced his retirement effective January 2025. By then, he will have turned 85 years old and served in the federal government for 59 years. Our auditors at OpenTheBooks.com crunched Fauci’s cash pension payout as of his anticipated retirement date. Today, Fauci earns a federal salary of $480,654 per year. However, by 2024, Fauci will likely be making $530,000 in salary – an increase of nearly $200,000 since 2014. Therefore, we estimate that Fauci’s first year pension payout will exceed $414,000 – more than the salary for the President of the United States ($400,000). In 2021, in my then-column at Forbes, we first reported that Fauci was the most highly compensated federal employee making $417,608 (2019, last available salary) and then earned $434,312 in 2020. For both years, Fauci was the top-paid federal employee, out earning “the president, four star generals, and roughly 4.3 million of his colleagues." Fauci’s salary then increased to $456,028 (2021) and he makes $480,654 today. We estimate he’ll make $504,686 (2023) and then $529,921 (2024). Bureaucrats who have worked in government as long as Fauci are able to retire on the vast majority of their annual earnings.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.
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