If octogenarian COVID-19 czar Anthony Fauci ever decides to retire, he should have plenty of income to enjoy what’s left of his golden years.
The doctor will be making at least $350,000 per year after he leaves his job as director of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health. Fauci could have retired in 2005 but stayed in his job, which is now paying $434,312 a year, the highest of any federal employee, including President Joe Biden.
“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 our mission in life. In the middle of it, I’m not going to walk away,” Fauci told ABC News. “It’s kind of like we’re halfway through World War II and you decide, ‘Well, I think I’ve had enough of this. I’m walking away.’”
His eye-popping retirement will be the largest in U.S. history. Open the Books calculated his retirement earnings at 80% of his highest three-year average plus cost of living increases.
FAUCI FINALLY ADMITS OMICRON LESS SEVERE
In contrast, 1 in 4 people in the United States have no retirement savings, and those who do are not saving enough. The median retirement balance for people ages 55 to 64 is $120,000, which would yield just $1,000 a month during retirement years, Yahoo News reported.
But Fauci’s finances have been on a steep upward climb for years. Between 2004 and 2007, the Bush administration awarded him a 68% increase to his $200,000 yearly salary to “compensate him for the level of responsibility,” according to an Open the Books investigation.
Between 2018 and 2020, he earned $1.252 million. For the second year in a row, he has out-earned the president, four-star generals, and any other category within the federal sector. Fauci has 55 years of service and could have retired long ago.
But there is one entity that isn’t impressed by Fauci’s longevity. Judicial Watch filed a lawsuit in October to obtain current salary contracts, conflict of interest statements, and information about the doctor’s job description. Judicial Watch has been one of Fauci’s leading critics, suing to obtain documents that showed the NIH filed a grant application in 2008 to conduct “gain of function” experiments to experiment genetically with a virus and bats.
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“Anthony Fauci wields unrivaled political power in our federal government, so it is urgent the American people have full access to his financial disclosures,” Judicial Watch President Tom Fitton said. “That we had to file a federal lawsuit about Dr. Fauci’s financial disclosures and other basic employment information raises a host of concerning questions.”
