Not only do presidents get cushy offices and free travel, but they also receive a presidential pension — they are, after all, government employees. The Former Presidents Act determines what ex-presidents receive in compensation. The four living former presidents prior to Obama — Jimmy Carter, George H.W. Bush, Bill Clinton and George W. Bush — all received annual pensions of $205,700 in 2016. In 2017, newly minted retiree Barack Obama received $207,800.
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