section_path: Post-presidency/Pension and other benefits
section_name: Pension and other benefits
paragraph_text: Pension and other benefits
  
  The Former Presidents Act (FPA), enacted in 1958, grants lifetime benefits to former presidents and their widows, including a monthly pension, medical care in military facilities, health insurance, and Secret Service protection; also provided is funding for a certain number of staff and for office expenses. The act has been amended several times to provide increases in presidential pensions and in the allowances for office staff. The FPA excludes any president who was removed from office by impeachment.
  
  According to a 2008 report by the Congressional Research Service:
  
  Chief executives leaving office prior to 1958 often entered retirement pursuing various occupations and received no federal assistance. When industrialist Andrew Carnegie announced a plan in 1912 to offer $25,000 annual pensions to former Presidents, many Members of Congress deemed it inappropriate that such a pension would be provided by a private corporation executive. That same year, legislation was first introduced to create presidential pensions, but it was not enacted. In 1955, such legislation was considered by Congress because of former President Harry S. Truman's financial limitations in hiring an office staff
  
  The pension has increased numerous times with congressional approval. Retired presidents receive a pension based on the salary of the current administration's cabinet secretaries, which was $199,700 per year in 2012. Former presidents who served in Congress may also collect congressional pensions. The act also provides former presidents with travel funds and franking privileges.
  
  Prior to 1997, all former presidents, their spouses, and their children until age 16 were protected by the Secret Service until the president's death. In 1997, Congress passed legislation limiting Secret Service protection to no more than 10 years from the date a president leaves office. On January 10, 2013, President Obama signed legislation reinstating lifetime Secret Service protection for him, George W. Bush, and all subsequent presidents. A first spouse who remarries is no longer eligible for Secret Service protection.