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Editorial News of Wednesday, 21 January 2009

Source: --

Bush vs Kufuor: Compare Retirement Package

United States (Per Capita Income: $46,000): President Bush

  • US$191,000 for his pension;
  • Life time secret service protection for president & spouse
  • Official travel expenses with 2 members of staff
  • 0 cars
  • 0 houses
  • No end-of-service gratuity
  • Private funds for presidential library (tax exempt)
  • Presidential widows receive a lifetime pension of $20,000 per year.
  • Free medical and dental care for him and spouse
source: http://www.senate.gov/reference/resources/pdf/98-249.pdf

Ghana(Per Capita Income: $1,400): President Kufuor

  • Lump-sum (thought to be worth $400,000)
  • SIX fully maintained comprehensively insured, fuelled and chauffeured-driven cars to be replaced every four years. The fleet comprise of three salon cars, two cross country cars and one all-purpose vehicle.
  • TWO Fully furnished residences that befit a former president at place of his choice
  • 60 day overseas travel with 3 staff members each year
  • 18 months consolidated salary
  • Million-dollar seed money for the setting up a foundation,
  • Security - 24 hours security services
  • Free medical and dental care for him and spouse
  • Budget for entertaining each year

Speaker of Parliament

  • GH¢126,600 ( = $120,000)
  • Saloon car
  • All-purpose vehicle
  • Tax-Free Pension package
  • Free medical and dental care for him and spouse

Deputy Speaker of Parliament

  • GH¢100,000
  • Saloon car

Majority and Minority Leader & Deputies, Chief Whip & Deputies

  • Non-taxable ex-gratia and settlement grants: GH¢90,000 to GH¢100,000.
  • Saloon car