Tom Faranda's Folly

Nice work if you can get it: Fauci retirement package 350K a year

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Tom Faranda
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Dr. Fauci is the highest paid government official in the country (more then the President). Thanks to Maria for pointing me to this article.

Forbes used the last three available years of Fauci’s salary — he also made $399,625 in 2018 — to calculate his potential retirement benefits. “If he’d left federal service at the end of FY2020, figuring 80 [percent] of his highest three-year average, would mean a federal pension of $333,745 a year, plus cost-of-living increases (($1,251,545/3) x 80% = $333,745),” Forbes estimated

If Dr. Anthony Fauci ever decides to call it quits, the White House chief medical adviser will walk away with a golden parachute worth up to $350,000 per year — the largest federal retirement package ever, according to a report by Forbes.

The eye-popping amount reportedly does not include annual cost-of-living increases to Fauci’s pension and benefits.

Fauci, who turned 81 on Christmas Eve, has worked for the government for 55 years and was paid $434,312 in 2020, making him the highest-compensated federal employee.

 

Comments

One response to “Nice work if you can get it: Fauci retirement package 350K a year”

  1. maria Avatar
    maria

    And from January 2021:
    And from January 2021:
    Dr. Anthony Fauci is the highest paid among all four million federal employees — including the leader of the free world. Fauci, 80, raked in $417,608 in 2019, the latest year for which the data is available, Forbes reported.
    The face of the White House coronavirus task force under former President Trump, Fauci will have made $2.5 million in salary from 2019 until 2024 if he stays on as President Joe Biden’s chief medical adviser, the outlet reported. nd that doesn’t even account for a possible raise he may get during that period.
    Between 2010 and 2019, the top US infectious diseases expert made $3.6 million in salary, according to the news outlet, which cited data collected by OpenTheBooks.com through Freedom of Information Act requests.
    Since 2014, his pay increased from $335,000 to the current $417,608, which is $17,608 higher than the presidential salary, Forbes reported.
    MORE AT https://nypost.com/2021/01/26/fauci-reportedly-the-highest-paid-federal-employee-in-us/

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