As president, he will receive $191,300 annually for life — win or lose in next month’s election — and receives a travel allotment as well as mailing privileges. Should Obama lose, his presidential pension kicks in immediately after leaving office.
Given that the president enjoys a normal life span, the pension allotment would be worth upwards of $6 million.
But what about Romney?
His Individual Retirement Account could be worth in the neighborhood of $87 million, as documented in an extensive report from the Washington Post.
But as for a strictly public pension? Zip, zero.
Romney only served one term as governor of the Bay State and did not take a salary, so he is eligible for nothing.Continue reading →