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Pensions of the former presidents: how much do the exmandatarios of Latin America earn?

2019-12-23T15:59:15.221Z


In Chile, for example, ex-president Ricardo Lagos, Michelle Bachelet and Eduardo Frei have a monthly allowance of 9,349,851 Chilean pesos, which is equivalent to about $ 12,400, according to S ...


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(CNN Spanish) - Chile and Colombia are some of the countries in the region whose former presidents have the highest pensions.

In Chile, for example, former plaintiffs Ricardo Lagos, Michelle Bachelet and Eduardo Frei have a monthly allowance of 9,349,851 Chilean pesos, equivalent to about $ 12,400, according to the Chilean Senate.

In Colombia, on the other hand, former presidents have the right to a life annuity equivalent to the same amount accrued by congressmen. Currently this figure is at 32 million pesos, which at the current exchange amount to about $ 9,600.

In Bolivia, former presidents have a life pension of 10 minimum monthly salaries in force, according to a law signed by President Evo Morales in May 2013. Currently this figure corresponds to about 20,600 Bolivians (the minimum wage is 2,060 Bolivians), which in dollars It would be 2,978.

In Nicaragua, the life pension for former presidents and former vice presidents is the same amount as the salary accrued by presidents and vice presidents. Currently this amount is in the 3,200 dollars, according to the Salary Regulation of the Public Officials of Greater Hierarchy in the Executive Power and it is received by former Violeta Barrios, Enrique Bolaños. It is not clear if President Daniel Ortega receives it for his previous mandates.

Argentina, the special situation of Kirchner

In Argentina, by law, ex-plaintiffs earn the same salary monthly as a judge of the Supreme Court of Justice, which for 2018 is 183,601 pesos, equivalent to about 3,072 dollars.

The now Argentine Vice President Cristina Fernández de Kirchner, also former president, charges 332,000 pesos (about $ 5,556) for her pension and for the death in 2010 of her husband Néstor Kirchner, according to the Télam Agency. Less discounts, together pensions represent 210,780 pesos, about 3,527 dollars.

Cristina Fernández de Kirchner left the presidency in December 2015. Credit: ALEJANDRO PAGNI / AFP / Getty Images)

In 2015, when Cristina Fernández retired, the amount of the pension was 84,296 pesos, which at the change of November of that year amounted to about 1,410 dollars.

Generous pensions in the US

In the United States, former President Barack Obama's pension (2008-2017) is $ 207,800 annually, about half of his presidential salary.

Obama and all other former presidents also received seven months of salary for their services during their "transition" to help them adapt to life after their presidential term. The ex-president also has the protection of the secret service all his life, as well as a departure for things such as travel, office expenses, communications and health coverage.

In 2015, just over $ 200,000 was awarded to Jimmy Carter and $ 800,000 to George W. Bush, according to a government report. Carter does not have health insurance, as he has to work for the federal government for five years to qualify.

  • READ: These are the best (and worst) minimum wages in Latin America in 2018

From left to right, former US presidents. Jimmy Carter, Bill Clinton, Barack Obama and George W. Bush. (Credit: White House Library)

In Spain, the ex-presidents of the Spanish Government receive an economic endowment of the State of 74,580 euros per year (about $ 85,413). This endowment is set every year in the General State Budgets, where the total calculation for the former presidents appears. In the approved budget for 2018, the amount approved for the three living ex-presidents amounted to 223,740 euros (about 255,957 dollars) and that of Mariano Rajoy, which by 2017 was still president of the Spanish Government, was not included.

In Puerto Rico, former governors who were elected after 1992 are granted a lifetime annuity of $ 40,000 annually for the maintenance of an office, technical staff. In addition, the widows of former governors are entitled to a lifetime annuity of $ 10,000 annually, according to current law.

Panama, El Salvador and Brazil, without a life pension

In Panama, the law does not establish a life annuity for ex-plaintiffs and, according to CNN in Spanish, former presidents Ernesto Pérez Balladares and Mireya Moscoso were told, none receive any other pension than Social Security when they are the age to receive it.

In El Salvador, life annuity payments for former presidents are not contemplated.

In Brazil, the annuity pension for ex-plaintiffs is not contemplated, but the law gives them the right to have the services of two advisors, four escorts for their personal safety and two official vehicles and two drivers for their transfers.

Thus, the former presidents of these countries receive monthly, according to current law:

USA - $ 17,300
Chile - $ 12,400
Colombia - $ 9,600
Spain - $ 7,097
Argentina - $ 3,072
Bolivia - 2,978
Nicaragua: 3,500
Puerto Rico - $ 3,300
Mexico - They will not receive a life pension from January 1, 2019
Brazil: They do not receive a salary allowance, but two advisors, four escorts, two drivers and two official cars.
Panama - They do not receive a life pension
El Salvador - They do not receive a life pension

- With information from CNN correspondents in Latin America and Spain.

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Source: cnnespanol

All news articles on 2019-12-23

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