Dr. Anthony Fauci’s Retirement Pay Will Exceed $350,000 Per Year – The Largest In U.S. Federal Government History

In January 2000, Fauci was also appointed to the Ready Reserve Corps, a corps of "Officers on full-time extended active duty." $340,000-$350,000 each year in federal retirement payments Federal employees with Fauci's length of service can retire to earn "80 percent of [their] high-3 average salary, plus credit for [their] sick leave," according to the U.S. Office of Personnel Management.

After serving 10 years, federal employees are eligible for "2 percent of [their] high-3 average salary for each year." Dr. Fauci has more than surpassed the 10-year-minimum work requirement, and if he retired last year he could have drawn down at least an extra $8,344 a year $1,251,545/3) x 2% = $8,344).

While federal benefit calculations are lucrative for someone in Fauci's long-serving role, there is a potential twist Dr. Fauci was appointed in 2000 to the Ready Reserve Corps.

Fauci has no plans to retire Why not retire, ABC's Jonathan Karl recently asked Dr. Fauci: "There's no way I'm going to walk away from this until we get this under control. I mean, that's the purpose of what we do. That's - that's our mission in life. In the middle of it, I'm not going to walk away."You know, we're in a war, Jon.

" Why the biggest federal salary of them all? Documents released to our non-profit organization OpenTheBooks.com reveal that Dr. Fauci was approved for a "Permanent pay adjustment" in excess of his regular salary in December 2004, to "appropriately compensate him for the level of responsibility especially as it relates to his work on biodefense research activities.

More Fauci records are forthcoming On January 27 and again on May 17, 2021, we asked NIH for Dr. Fauci's fiscal year 2020 and 2021 financial and conflict-of-interest disclosure forms; job descriptions; royalty payments; and all employment contracts, amendments, modifications, and addendums.

The Fauci legacy Few could credibly claim someone staying in federal service for approximately 55 years is "in it for the money," though Dr. Fauci's salary as the highest in the government would not be a disincentive to his tenure.

https://www.openthebooks.com/forbes-dr-anthony-faucis-retirement-pay-will-exceed-350000-per-year--the-largest-in-us-federal-government-history/