The Vice President is the second highest-ranked officer of the US federal government and is elected on a joint ticket with the president. The person who occupies this office ranks first in the line of succession and would assume the position of the president if the president dies, resigns, or is impeached. Once the vice president leaves office, he/she is entitled to various benefits in retirement.
The vice president receives a pension based on their position as the president of the senate, and the years they served in public office. According to Forbes, Joe Biden earned a $1 million federal pension when he retired as vice president in 2016, based on his 43 years in public office. Mike Pence, the former vice president who retired in 2021, earns approximately $85,000 annually from state and federal pensions- the pensions have a combined value of $500,000.
The US vice president earns a pension based on their role as the president of the senate. This means that a retired vice president earns the same pension as other members of the US Congress, but based on their years of service. Before 1997, vice presidents who served for one term and had less than 5 years in federal service were not entitled to a pension.
After retiring as vice president in 2016, Forbes reported that Joe Biden earned $1 million in federal pension for his 43 years in public service. Mike Pence, who retired as vice president in 2021, earns approximately $85,000 annually in state and federal pension. The pension is valued at approximately $500,000, which pushes him to the millionaire's club.
The vice president earns $235,100, and the remuneration is based on the Government Salary Reform Act of 1989. This act provides an automatic cost-of-living adjustment of salaries of federal employees.
In 2019, the vice president at the time, Mike Pence, earned $230,700, and this pay was scheduled to increase to $243,500 after the expiration of the vice president’s pay freeze. However, the freeze was not entirely lifted, and the vice president received a 1.9% pay raise to the current salary of $235,100. The increase was applied to all federal workers.
As the second-in-command in the federal government, the US vice president has access to various perks and benefits. Here are the perks of being the US vice president:
When the vice president is on official travel, they fly in a modified Boeing 757 plane. The term "Air Force Two" is only used as a radio call signal when the vice president is flying the plane. There are multiple Boeing 757 planes that are modified for the needs of the vice president, and they are fitted with phones, copy machines, an official stateroom, and a bed.
While the US President has the White House, the vice president has the Number One Observatory Circle.
The magnificent home was built in 1893, and it only became the vice president's residence in 1977 after Congress commissioned its renovation.
The vice president is entitled to government-paid travel while on official business. The VP can use Air Force helicopters when traveling within the country or when on international duty. The VP's spouse can also use the military aircraft while on official travel as the VP's representative.
When traveling via road, the vice president travels in a motorcade that is heavily armored and bullet-proof, but smaller in size than the president's motorcade. Also, the VP’s limos are smaller than the president’s limo, commonly known as “The Beast.”
When the vice president assumes office, he/she is under secret service protection. The VP’s immediate family also gets secret service protection. When the vice president’s term expires, they may get temporary secret service protection for an additional six months after leaving office.
The vice president also has a role in the legislative arm of government as the president of the Senate. In this role, the vice president can preside over senate proceedings at any time but is not entitled to vote except to break a tie.
As the president of the senate, the VP receives the electoral votes. The electoral votes are counted in the joint session of the Congress and the House of Representatives
The vice president has access to at least four office spaces. The primary office is in the Eisenhower Executive Office Building that is adjacent to the White House. The VP also has access to the Vice President’s Room in the Senate Wing of the Capitol and the West Wing in the White House. There is also another office in the vice president’s official residence.
Although the VP does not automatically receive a pension based on the VP's office, the pension earned is based on their position as the president of the senate and the years served in public office.
What does the president make in retirement?
What does a senator make in retirement?
The five states where Retired Vice President jobs get higher salaries in the United States are: Alaska, California, District of Columbia, New Jersey, and Massachusetts. Compared with the average salary of a Retired Vice President in the United States, the state of Alaska with the highest job income for this job. The second and third states are California and District of Columbia respectively. The high or low salary paid to Retired Vice President by the US has a greater relationship with the demand for jobs and the cost of living.
Top 5 States with Higher Salaries For
Retired Vice President in the United States:
Retired Vice President in Alaska: $124,670
Retired Vice President in California: $124,225
Retired Vice President in District of Columbia: $123,703
Retired Vice President in New Jersey: $122,957
Retired Vice President in Massachusetts: $121,000
There are some different titles for Retired Vice President jobs, and the job title of Retired Vice President will vary in different companies.
The job title has a lot to do with the department and responsibilities, and the same job title will vary in different departments. The following list is the salary of jobs similar to Retired Vice President, start to view Retired Vice President-related jobs you are interested in.
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Vice President of Audit
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Vice President of Purchasing
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Clinton suggested a Clinton–Obama ticket with Obama in the vice president slot as it would be "unstoppable" against the presumptive Republican nominee.
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Vice President
College Vice President
Vice President of Audit
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Vice President of HRIS
Vice President of Merchandising
Vice President of Claims
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Former Deputy Minister of Communications and First General Director telecommunications company "Skartel" Denis Sverdlov receives in the created by him electric car manufacturer Arrival a salary of $ 830 thousand in year. Together with Sverdlov, a number of former employees moved to Arrival Ministry of Telecom and Mass Communications and Skartel.
British electric car manufacturer Arrival, created by Russian Denis Sverdlov , disclosed the salaries of its leaders. Relevant information is available in documents published on the website of the American Securities Commission (SEC).
Denis Sverdlov himself, holding the post of general director of the company, receives 600 thousand pounds sterling ($830 thousand) a year. CEO of Automotive Michael Ableson (Michael Ableson) receives $540 thousand a year.
President of Arrival Avinash Rugoobur (Avinash Rugoobur) has a salary of 330 thousand pounds per year ($456 thousand). He can also spend 1000 pounds sterling ($1.4 thousand) per month for the services of a personal driver. Except In addition, Rugoobur received 50 thousand pounds sterling ($69.2 thousand) as relocation compensation.
The salaries of employees at Arrival have become known, including its founder Denis Sverdlov
CFO Tim Holrow (Tim Holbrow) receives £200,000 ($276,000) in year.
General Counsel Daniel Chin (Daniel Chin) has a salary of £110,000 ($152 thousand) per year.
Top managers of the company also participate in the option program. So, Sverdlov has options to purchase 818 thousand shares companies (1.3% of the total number of shares). Market value of this package is $11.2 million.
The other top managers mentioned at the end of 2020 acquired the company's securities at a price of 3.4 euros ($4) per share. Credits for the purchase of shares was provided by Arrival itself. Rugoobur acquired 889 thous. shares (1.46% of their total number), Ableson - 440 thousand shares (0.7%), Chin - 299 thousand shares (0.5%), Holbrow - 176 thousand shares (0.3%).
Based on the current quotations of Arrival securities on Nasdaq exchange at $13.7 per share, it turns out that Rugoobur can earn $8.67 million on the company's shares, Ableson - $4.
3 million, Chin - $4 million, Holbrow - $1.7 million0005
Denis Sverdlov in 2008-2012 was the first CEO telecommunications company "Skartel" (trademark Yota), which built WiMAX wireless data networks. Major Shareholders the companies were the Telconet fund, created by Albert Avdolyan and by Sergey Adoniyev , and the state corporation Rostec.
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In 2012, Alisher Usmanov's USM holding (owns MegaFon) agreed with the shareholders Scartel on the merger of telecommunications assets into the Garsdale holding. After that, Megafon acquired Scartel and began to build on the company's frequencies networks of the fourth generation of cellular communication (4G) of the LTE standard.
Sverdlov in 2012 became Deputy Minister of Communications.
head Ministry was then appointed Nicholas Nikiforov . In 2013, Sverdlov left the Ministry of Telecom and Mass Communications (former name Mintsifra), but a number of his subordinates from Skartel came to the structures of the ministry.
In 2015, Sverdlov created Arrival (the company registered in Luxembourg). At the end of 2020, Arrival agreed about the reverse takeover of CIG Merger, which did not have its own assets, but had a listing on the American Nasdaq exchange.
After that, Arrival became a public company. Her capitalization at the moment is $ 8.4 billion. Sverdlov through the Luxembourg trust Kinetik owns 76.4% of the shares of the company, market the price of this package is $6.3 billion.
Instead of Sverdlov, a number of people came to Arrival, previously worked with him in the structures of the Ministry of Telecom and Mass Communications and Skartel.
They also became minority shareholders of Arrival.
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Among them - former Deputy Minister of Communications Alexei Kozyrev , former director of organizational development departments "Skartel" and the Ministry of Telecom and Mass Communications Svetlana Ershova , former vice president of Skartel for international development and ex-mayor of Innopolis Egor Ivanov , former Vice President "Skartel" on innovations and the ex-deputy general director for digitalization of Russian Post (under the jurisdiction of the Ministry of Telecom and Mass Communications) Rodion Shishkov , former president of Maykor IT company (was the only Russian Post technical support service provider) Sergey Sulgin and others
Igor Korolev
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Authors: Evgenia Lakeeva, Dmitry Romanov
Pravo.Ru compared the salaries received by judges of some international instances. It turned out to be most profitable to work in the European Court of Justice, the highest court of the European Union. In addition to the main part of the compensation, which is not taxed, judges there are also paid extra for the need to live permanently in Luxembourg. The European Court of Human Rights, which traditionally hears the largest number of cases related to Russia, allows judges to earn a third less. The servants of Themis from the ad hoc tribunals, duplicating the role of the International Criminal Court, have the most modest salaries compared to their colleagues.
Judges of the European Court of Justice, who review various EU legal documents against European treaties and interpret EU law at the request of the domestic courts, are required to reside permanently in Luxembourg. For this, 27 out of 28 servants of Themis are entitled to a bonus to the main part of the salary of $ 46,500.
