Former President Biden's pension from serving in public offices for decades totals more than his presidential salary, according to a taxpayer advocate.

National Taxpayer Union Foundation Vice President Demian Brady told the New York Post on Sunday that Biden's annual retirement pay is estimated to be $417,000, which is $17,000 more than his salary as president.

Biden, 83, is set to receive payment from two pension funds in his first year as former president, according to Brady's analysis.

“It’s pretty unusual, historically unusual, to have such a large pension amount,” Brady said.

“I would have to say that it’s the largest,” he added when asked to compare Biden’s pension to that of his predecessors.

The annual sum Biden is estimated to receive is double what former President Barack Obama received in retirement pay after leaving the White House.

Brady said that the amount of Biden's pensions shows his “unique situation” as a former senator, vice president, and president, which allows him to take advantage of a “loophole” to tap into multiple taxpayer-funded retirement funds.

Biden is able to collect the payouts by receiving benefits established under both the Former Presidents Act of 1958 and the Civil Service Retirement System for ex-senators.

The CSRS pension plan annual payment is determined by a formula that takes into account Biden’s 44 years in the Senate and as vice president, in addition to his three highest years of salary during that time span.

“Biden’s starting pension could be as much as $166,374, including an $18,186 set-aside in the program for the spousal portion of benefit,” Brady said, who noted his estimate assumes Biden sought to maximize the size of his Senate pension.

Biden would have received more than $254,000 in annual benefits from CSRS if not for a cap limiting his annual payouts to 80% of his highest salary, which was $230,700 a year as vice president and president of the Senate.

In addition to the payment from his Senate and vice presidential service, Biden receives $250,600 annually from his presidential pension. Under the 1958 law, Biden’s presidential pension must be equivalent to a cabinet secretary's salary.

Also, the FPA created several additional taxpayer-funded perks for outgoing presidents, including money for staff, equipment, and office space. For fiscal year 2026, the General Services Administration budgeted more than $1.5 million for Biden, which includes $727,000 alone for office space, and is more than any other former president received.

“There’s no cap on the rent for that,” Brady said. “So it could be in a high-density area with high rent, and there is no limit on the amount of square footage that’s being rented and funded by taxpayers. It’s also provided for life.”

“Biden is making more in retirement than the current president gets,” he added. “It’s a very unique situation, but even though it is unique, it is one that’s ripe for reform going forward. Congress ought to look at that to prevent such an extravagant pension amount in the future.” 

A spokesperson for Biden did not respond to the Post’s request for comment.