Former President of the US Donald Trump has reportedly claimed his pension payments worth $65,600 since leaving the White House in January.
The news comes as a major shock to plenty as the world witnessed the billionaire donate his presidential salary but now, reports reveal how he has claimed his pension payments, ever since he left the office of the President.
The news was confirmed via an announcement made by Business Insider who revealed on Monday a statement made by the General Services Administration regarding how Trump was currently receiving his pension dollars.
On the other hand, the organization confirmed how the former president has around $221,400 remaining in terms of pension funds that are available to him for the year 2021, which come under the Former President’s Act. Moreover, that makes Donald Trump’s pay equivalent to that of any secretary from the cabinet.
When Trump was the President of the US, he donated about $1.3 million of his entire presidential salary back to the government. And this practice was seen throughout his entire four years while he was in office.
Shockingly, Trump used to make political points using his salary donations as examples. For instance, he mentioned once how he had donated around $100,000 which would go towards the restoration of various monuments, right after its destruction last year in the summertime, post protests of the Black Lives Matter.
While Forbes estimates Trump’s current value to be worth $2.point 173 | 4 billion, critics explained how the former leader has lost quite a bit of his money ever since he became the president.point 272 |
In the same way, Bloomberg’s Billionaire Index went about estimating how his wealth suffered a mega loss of nearly $700 million during his 4-year reign in the White House.point 149 | 1
Trump also previously donated two-quarters of his salary towards the Health and Human Services Department that aimed to combat the deadly coronavirus. But it is still unclear whether or not Trump donated his final two paychecks to government entities, claim reports.