will he retire? Everything points to that, because on Sunday evening the media reported that he had withdrawn from running for president. MarketWatch.com, citing calculations prepared by the National Taxpayers Union, checked how much of a pension the 81-year-old president can count on.
How Much Will Joe Biden’s Pension Get? More Than He ‘Takes As President’
The incumbent president began his career in 1973, and thanks to that he had the opportunity to join the federal retirement plan Civil Service Retirement System, which has exceptionally favorable conditions for people who retire. The plan was closed in 1984.
Joe Biden Photo: Sławomir Kamiński / Agencja Wyborcza.pl
In 2022, Forbes estimated Joe Biden’s net worth at $9 million. If the politician retires, he will be able to count on a horrendously high amount of benefits, because it is about PLN 1.6 million per year.
He could be on track to receive a public pension of as much as $413,000 a year, slightly more than the $400,000 he currently draws as president
– reported on MarketWatch.com.
Who’s for Joe Biden? The answer is not obvious. The race for the Democratic nomination has just begun
After Joe Biden’s announcement, the Democratic Party is in big trouble. There is not much time left to announce a new candidate, and the elections will take place on November 5. The incumbent president recommended Vice President Kamala Harris in a statement, but that is not enough. She must gather support from delegates to become the official candidate. If you’d like, please vote in our poll below.
Source: Gazeta
Bruce is a talented author and journalist with a passion for entertainment . He currently works as a writer at the 247 News Agency, where he has established himself as a respected voice in the industry.
