Fauci's Retirement Pay Will Exceed $350,000 Per Year: The Largest In U.S. Federal Government History
Posted by freedomforall 2 years, 3 months ago to Politics
Almost as big a waste as all the moronic wars since 1945.
Excerpt:
"auditors at OpenTheBooks.com estimate Dr. Fauci’s annual retirement would exceed $350,000. Thereafter, his pension and benefits would continue to increase through annual cost-of-living adjustments.
Fauci has 55 years of service as a federal employee.
For the second year in a row, Fauci was the most highly compensated federal employee and out earned the president, four star generals, and roughly 4.3 million of his colleagues. As director of the National Institute of Allergy and Infectious Diseases (NIAID), Fauci earned $434,312 in 2020, the latest year available, up from $417,608 in 2019.
Fauci is currently the Chief Medical Advisor to the President. However, his big salary boost came in 2004 under the George W. Bush Administration (as we reported earlier at Forbes) when Fauci received a “permanent pay adjustment” for his biodefense work. In January 2000, Fauci was also appointed to the Ready Reserve Corps, a corps of “officers on full-time extended active duty.”
$340,000-$350,000 each year in federal retirement payments
Federal employees with Fauci’s length of service can retire to earn “80 percent of [their] high-3 average salary, plus credit for [their] sick leave,” according to the U.S. Office of Personnel Management.
In November, we filed a federal Freedom of Information Act (FOIA) lawsuit to determine Dr. Fauci’s currently unpublished 2021 salary, job description, royalties, conflict of interest and financial disclosures, and employment contract. The case moved quickly and the federal judge ordered production starting on February 1, 2022.
So, at this point, we can use only the last three published years of his salary — 2018: $399,625; 2019: $417,608; and 2020: $434,312 — to calculate his potential retirement earnings.
Dr. Fauci earned a total of $1.252 million from 2018-2020 in salary as a federal employee.
If he’d left federal service at the end of FY2020, figuring 80% 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)."
Excerpt:
"auditors at OpenTheBooks.com estimate Dr. Fauci’s annual retirement would exceed $350,000. Thereafter, his pension and benefits would continue to increase through annual cost-of-living adjustments.
Fauci has 55 years of service as a federal employee.
For the second year in a row, Fauci was the most highly compensated federal employee and out earned the president, four star generals, and roughly 4.3 million of his colleagues. As director of the National Institute of Allergy and Infectious Diseases (NIAID), Fauci earned $434,312 in 2020, the latest year available, up from $417,608 in 2019.
Fauci is currently the Chief Medical Advisor to the President. However, his big salary boost came in 2004 under the George W. Bush Administration (as we reported earlier at Forbes) when Fauci received a “permanent pay adjustment” for his biodefense work. In January 2000, Fauci was also appointed to the Ready Reserve Corps, a corps of “officers on full-time extended active duty.”
$340,000-$350,000 each year in federal retirement payments
Federal employees with Fauci’s length of service can retire to earn “80 percent of [their] high-3 average salary, plus credit for [their] sick leave,” according to the U.S. Office of Personnel Management.
In November, we filed a federal Freedom of Information Act (FOIA) lawsuit to determine Dr. Fauci’s currently unpublished 2021 salary, job description, royalties, conflict of interest and financial disclosures, and employment contract. The case moved quickly and the federal judge ordered production starting on February 1, 2022.
So, at this point, we can use only the last three published years of his salary — 2018: $399,625; 2019: $417,608; and 2020: $434,312 — to calculate his potential retirement earnings.
Dr. Fauci earned a total of $1.252 million from 2018-2020 in salary as a federal employee.
If he’d left federal service at the end of FY2020, figuring 80% 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)."
Why, after being caught (on tape) red-handed taking bribes, did Dirty Harry never get charged or lose his seat?
A few probably feel they have a duty to defend the country, and are used as cannon fodder by political scum.
In Fauci's case it is the ultimate gravy train for such a corrupt, looting traitor.
to have a coffin and a hole in the ground within the spacious graveyard property that surrounds an establishment that even has a flower shop at the gate.
I can get another one of those contracts, ah, NOT to be buried anywhere near a smirking for an already grossly overpaid traitor who calls himself "I am science."
He'd probably want that Schiff on his marker but I'd buy one that says, "He funded the Covid pandemic and the hideous torture of dogs."
Oh, and I'll even buy the rope.
Flaying COVID would be interesting. I've seen no numbers there.
The documents you are required to sign are quite explicit.