When a president of the United States completes his term of office, he is compensated under the Former Presidents Act, P.L. 85-745, 72 Stat. 838. Former presidents who have not been removed from office prior to the expiration of their term are entitled to the following benefits.
- Pension - A taxable pension of the pay they received while in office. Their widow will also receive a lifetime annual pension.
- Transition of Office - These funds will pay the expenses for leaving office for seven months. Items such as office space, staff pay, and printing are part of this compensation.
- Staff and Office - This lifetime amount covers the cost of office staff for the former president. They have a maximum limit of $150,000 for the first 3o days and $96,000 thereafter.
- Medical Insurance - Former presidents can receive medical treatment at any military hospital. This rate of payment is determined by the Office of Management and Budget. For two-term presidents, they may elect to purchase health insurance through the Federal Health Benefits Program.
- Secrete Service Protection - Lifetime protection by the Secrete Service for the former president, his spouses, and children under 16.
