Anthony Fauci will receive the highest entitlement pension package for a public servant in US history
Possibly Anthony Fauci will receive the highest public employee pension package in US history, with annual payments in excess of $350,000.
According to Forbes, who turned 81 on Christmas Eve and is the chief medical adviser to US President Joe Biden. Fauci’s pension and surcharges will continue to increase through annual cost-of-living adjustments.
The most authoritative specialist in the field of infectious diseases, a 55-year career in US administration and one of the highest paid federal employees. He is also the director of the National Institute of Allergy and Infectious Diseases.
In 2020, Dr. Fauci was paid a salary of 434 thousand 312 dollars. That was 4 percent more than his 2019 salary of $417,608.
Dr. In January 2000, Fauci was appointed to the Reserve Corps, which consists of “full-time extended active duty officers”.
However, with the “permanent wage arrangement” implemented during the George W. Bush administration in 2004, Dr. It was reported that Fauci’s salary was significantly increased.
According to the U.S. Office of Personnel Management, Dr. Public employees who have service equivalent to Fauci’s service can receive 80 percent of the high-3 average salary with sick leave credits upon retirement.
Also, most likely Dr. Fauci will also be eligible to receive an annual salary that the federal government pays to employees with 10 years of service. Employees are “eligible to receive two percent of the high-3 average salary (the highest average original salary earned during any three consecutive years in service) per year”.
Forbes, Dr. Using Fauci’s salary for the past three years, he estimated, “Had he left federal service at the end of fiscal year 2020, he would have received $333,745 a year plus cost-of-living increases, accounting for 80 percent of his highest three-year average (per cent).
Dr. Fauci’s 2021 and 2022 salaries are expected to be the same or even higher than in previous years.
However, Dr. Fauci doesn’t seem to be considering retiring anytime soon.
Dr. “There’s no way I can get away from this until I get this under control. So, that’s the purpose of what we do. It’s – it’s our mission in life. I’m not going to walk away in the middle of this,” Fauci told ABC News.
