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Projections based on his past, current and future salaries suggest Dr. Anthony Fauci will net the largest federal retirement package in history — an unprecedented golden parachute made possible by career-end salary spiking — when he retires in 2025. Miss a day, miss a lot. Subscribe to The Defender’s Top News of the Day . It’s free.
This week, Dr. Anthony Fauci , director of the National Institute of Allergy and Infectious Diseases, announced his retirement effective January 2025.
By then, he will have turned 85 years old and served in the federal government for 59 years.
Our auditors at OpenTheBooks.com crunched Fauci’s cash pension payout as of his anticipated retirement date.
Topline
Today, Fauci earns a federal salary of $480,654 per year. However, by 2024, Fauci will likely be making $530,000 in salary — an increase of nearly $200,000 since 2014.
Therefore, we estimate that Fauci’s first-year pension payout will exceed $414,000 — more than the salary of the president of the United States ($400,000). Image credit: OpenTheBooks. End-of-career salary spiking
In 2021, in my then-column at Forbes, we first reported that Fauci was the most highly compensated federal employee making $417,608 (2019, last available salary) and then earned $434,312 in 2020.For both years, Fauci was the top-paid federal employee, outearning “the president, four-star generals, and roughly 4.3 million of his colleagues.”Fauci’s salary then increased to $456,028 (2021) and he makes $480,654 today. We estimate he’ll make $504,686 (2023) and then $529,921 (2024).So, in December 2021 (published at Forbes), we estimated that Fauci’s pension would exceed $355,000 per year — the most lucrative in federal history. However, Fauci didn’t retire and now the numbers are a lot larger. Crunching the numbers Bureaucrats who have worked in government as long as Fauci are able to retire on the vast majority of their […]
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