Presidential Retirement Benefits

Presidential retirement benefits were non-existent until the enactment of the Former Presidents Act (FPA) in 1958. Since then, presidential retirement benefits have included a lifetime annual pension, staff and office allowances, travel expenses, Secret Service protection, and more. The FPA was inspired by former President Harry Trumans life of modest means after leaving office. Though Truman lived well more than a decade after the acts passage, it didnt apply him. Former President Dwight D. Eisenhower became its first beneficiary. Pension Former presidents are offered a taxable lifetime pension equal to the annual rate of basic pay for the heads of executive branch departments, like the Cabinet Secretaries. This amount is set annually by Congress and is currently  $210,700  per year. The pension starts the minute the president officially leaves office at noon on Inauguration Day. Widows of former presidents are provided with a $20,000 annual lifetime pension and mailing privileges  unless they choose to waive their right to the pension. In 1974, the Justice Department ruled that presidents who resign from office before their official terms of office expire are entitled to the same lifetime pension and benefits extended to other former presidents. However, presidents who are removed from office due to impeachment forfeit all benefits. Transition Expenses For the first seven months, beginning one month before the January 20 inauguration, former presidents get transition funding to help them transition back into private life. Granted under the Presidential Transition Act, the funds can be used for office space, staff compensation, communications services, and printing and postage associated with the transition. The amount provided is determined by Congress. Staff and Office Allowances Six months after a president leaves office, they get funds for an office staff. During the first 30 months after leaving office, the former president gets a maximum of $150,000 per year for this purpose. Thereafter, the Former Presidents Act stipulates that the aggregate rates of staff compensation for a former president cannot exceed $96,000 annually. Any additional staff costs must be paid for personally by the former president. Former presidents are compensated for office space and office supplies at any location in the United States. Funds for former presidents office space and equipment are authorized annually by Congress as part of the budget for the General Services Administration (GSA). Travel Expenses Under a law enacted in 1968, the GSA makes funds available to former presidents and no more than two of their staff members for travel and related expenses. To be compensated, the travel must be related to the former presidents status as an official representative of the United States government. Travel for pleasure is not compensated. The GSA determines all appropriate costs for travel. Secret Service Protection With the enactment of the Former Presidents Protection Act of 2012 (H.R. 6620), on Jan. 10, 2013, former presidents and their spouses receive Secret Service protection for their lifetimes. Under the Act, protection for the spouses of former presidents terminates in the event of remarriage. Children of former presidents receive protection until they reach age 16. The Former Presidents Protection Act of 2012 reversed a law enacted in 1994 that terminated Secret Service protection for former presidents 10 years after they left office. Richard Nixon is the only former president to have given up his Secret Service protection. He did so in 1985 and paid for his own security, saying his reason was to save the government money. (The savings were estimated to be about $3 million a year.) Medical Expenses Former presidents and their spouses, widows, and minor children are entitled to treatment in military hospitals. Former presidents and their dependents also have the option of enrolling in private health insurance plans at their own expense. State Funerals Former presidents are traditionally granted state funerals with military honors. Details of the funeral are based on the wishes of the former presidents family. Failed Attempt to Cut Retirement In April 2015, Congress passed a bill titled The Presidential Allowance Modernization Act, which would have capped the pensions of all former and future former presidents at $200,000 and removed the current provision in the Former Presidents Act linking presidential pensions to the annual salaries of cabinet secretaries. The bill would have also reduced the other allowances paid to former presidents. Annual pensions and allowances would have been limited to a total of no more than $400,000. But on July 22, 2016, President Barack Obama vetoed the bill stating it â€Å"would impose onerous and unreasonable burdens on the offices of former presidents.† In a press release, the White House added that Obama also objected to provisions of the bill that would â€Å"immediately terminate salaries and all benefits to staffers carrying out the official duties of former presidents—leaving no time or mechanism for them to transition to another payroll.†Ã¢â‚¬â€¹

C C Grocery Case Analysis Essay examples - 1257 Words

C C grocery store currently operates under a goal approach. They were committed to customer service and satisfaction. This approach provided the grocery chain with the profitability and growth they strived to obtain. The stores operative goals were attained and the chain had over 200 stores in operation. For years overall performance for C C was excellent and came with ease. Unfortunately employee development and innovation and change werent a top priority and it began to show. To remain successful C C had to outsource and get advice from a team of consultants. The team dissected the company from top to bottom and advised the chain to implement an internal approach to go along with the goal approach. Implementing the internal†¦show more content†¦The consulting team served as an analyzer and was very beneficial because they also encouraged C C grocery to take on a focus differentiation to gain a competitive advantage. C C should focus on their current customer base but also innovate. More departments (i.e. floral, pharmacy, gourmet/specialty) could be added to the stores to create one-stop shopping. Although they could not lower prices to compete with the Wal-Marts of the world they could venture into new possibilities to create more customer loyalty. For instance, if C C had a pharmacy customers could get their groceries and medicine in one location. Many customers would choose C C grocery over Wal-Mart because of the friendly atmosphere and the stores desire to surpass their current expectations. This could put C C in a realm of its own because larger retail stores have forgotten about customer satisfaction. C C Grocerys been in business for over 50 years and has a great customer base. It is very important for this company to continue to maintain customer loyalty so understanding their desires should be a high priority being that competition is increasing. The Models of Effectiveness Values allows management to take initiative and decide what is important for success and what can handle being a lower priority. In previous years, C C didnt handle human relations in a respectable manner. In order to continue to have customer loyalty and profitability, employee morale is importantShow MoreRelatedPeapod Strategic Marketing1318 Words   |  6 PagesEl Sheikh Ali, Ali. Peapod Case. Page 471-494. Case Analysis I. What is/are the problem(s) / challenges(s) ? 1) Peapod is a challenging and innovative company, that is considering entering the internet market. 2) Therefore the company must put in place its website, and develop a strong network. 3) Strategy, brand positioning and partners are also important challenges facing the company. II. Company Analysis: 1) What is / are the business / mission /Read MoreUsing A Randomized Block Design And Socioeconomic Sequential Testing Essay1727 Words   |  7 Pagesto pursue my other interests. 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Birth Control Options Essay Research Paper Hannah free essay sample

Birth Control Options Essay, Research Paper Hannah Lager P.E. Adolescent Health Issues BIRTH CONTROL OPTIONS Over the old ages, birth control has evolved into an built-in portion of our society. Millions of adult females all over the universe usage some signifier of birth control, and it is turning more popular. There are many different sorts of birth control and it is of import to be informed of your picks. In the past 20 old ages the figure of unplanned gestations and sexually transmitted diseases has grown dramatically. Alaska has one of the highest adolescent gestation rates in the United States, and the figure continues to turn. Sexually familial diseases are running rampant throughout our society, and it is critical to maintain abreast of the latest intelligence. Condoms are the lone guaranteed manner, short of abstention, to forestall both gestation and infection. They are one of the most common and accessible preventives on the market today, and are safe and effectual when used decently. There are two chief sorts of rubbers. Male rubbers, the most popular of the two, and female rubbers. Male rubbers are made of latex, plastic, or natural membranes. They look like long, thin, chapfallen balloons. Male condoms halt organic structure fluids from blending during intercourse, and when used right are about 97 % effectual. Condoms are by and large safe, though some people may hold allergic reactions to latex. Spermicides, such as Nonoxynol-9, can besides do allergic reactions in some persons. Female rubbers are made of polyurethane, a thin plastic, and are safe for people who are allergic to latex. The rubber is used inside the adult female # 8217 ; s vagina and is 95 % effectual when used right. Many users of the female rubber have lauded it # 8217 ; s benefits, such as an added feeling of control, the easiness in buying the rubber ( female rubbers are available over the counter ) , and the low failure rate. Other consumers, nevertheless, have complained that the rubber is hard to infix, harder to happen because non as many shops carry female rubbers, and is more expensive than its male opposite number. Although both types of rubbers have many advantages, such as halting the spread of diseases and forestalling gestation, there are disadvantages. Condoms break easy and holes can organize about immediately when oil-based lubricators, such as Vaseline, suntan oil or whipped pick, are used. Some work forces find it hard to keep an hard-on with a rubber on or complain of a loss of esthesis while utilizing a rubber. Skin rubbers are an alternate to latex for forestalling gestation, but do non halt diseases from distributing. Polyurethane rubbers are a better pick than tegument rubbers, since they prevent infection every bit good as gestation. Both male and female rubbers come in colored, flavored and textured assortments. Oral preventives are besides widely used. Over seven adult females take them daily, and they are safe to utilize with other signifiers of birth control ( i.e. rubbers ) . There are two types of unwritten preventives: combined ( # 8221 ; the Pill # 8221 ; ) , and progestin-only ( # 8221 ; the Mini-Pill # 8221 ; ) . Pills are the most requested signifier of birth control, partially because of their deficiency of major side affects. Combined pills contain two endocrines, estrogen and progestogen, and prevent gestation by halting the organic structure from ovulating ( let go ofing an egg ) . The # 8220 ; Mini-Pill # 8221 ; contains merely progestogen. It works by inspissating the cervical mucous secretion so that the sperm can non make the egg. Combined pills are 99.9 % effectual, and the # 8220 ; Mini-Pills # 8221 ; are 99.5 % . Neither pill protects the user from sexually transmitted diseases or infections. Although pills are popular, there is some guess as to their long-run effects on the organic structure. Doctors who prescribe pills are required to inform the possible users of the hazards. 1 in 14,000 users between the ages of 30 and 39 will see bosom onslaughts, and stokes occur five times more often among pill users ( 1 in 2,700 ) . The hazards for tobacco users are higher. Blood coagulums and high blood force per unit area are besides possibilites. There are presently surveies underway that are researching the long-run effects of unwritten preventives. The CDC and the NICHD are co-sponsoring a long-run undertaking to analyse the pill # 8217 ; s relationship to malignant neoplastic disease of the generative piece of land and chest malignant neoplastic disease. Many people are besides concerned about cervical malignant neoplastic disease. Annually Pap vilifications and chest tests are strongly recommended to look into for the visual aspect of these diseases. Oral preventives can both assist and ache some adult females with depression. Pills with more estrogen are normally linked to pill-related depression, but the more popular pills that have lower doses of estrogen have non been proven to either alleviate or worsen depression. Depo-Provera injections are another normally used type of female birth control. Depo-Provera is a shooting incorporating a endocrine similar to progesterone. It stops the adult female from ovulating, and can supply other prophylactic and physical benefits. The shooting must be administered every three months or 13 hebdomads. The shooting may extinguish menses, and can better both PMS and depression. The Depo-Provera shooting is 99.7 % effectual in forestalling gestation. The stop and the cervical cap are somewhat less popular than the above stated methods of birth control, but they are both effectual. The stop is a gum elastic disc that is inserted into the vagina and covers the neck. It blocks the seeds from come ining the neck, and has a higher success rate when used in combination with spermatocide. When used right, it is 94 % effectual. Diaphragms are merely available by prescription. There are serious disadvantages and medical hazards associated with the stop. Use increases the hazard of urinary piece of land infections, and if the stop is inserted falsely it can steal out of topographic point during sex. If the stop is left in for more than 48 hours the hazard of developing Toxic Shock Syndrome is increased. The cervical cap is made of soft gum elastic. The user fills the cap with spermatocide, so places the cap on her neck. Suction keeps the cap in topographic point. The caps come in four sizes, and, like stop, are merely available by prescription. The cap can be put in an hr before sex, and will work for 48 hours. The cervical cap can assist forestall mussy sex during menses, and is approximately 91 % effectual. The cervical cap has disadvantages every bit good. The cap can increase the hazard of redness of the surface of the neck and can besides increase the hazard of developing Toxic Shock Syndrome. If the cap is improperly inserted, it can steal out of place during sex. The latex can do annoyance or an allergic reaction, and a new adjustment is necessary after holding a babe, a abortion, an abortion, or deriving 15 lbs. Doctors recommend replacing the cap every twelvemonth. Many spiritual groups promote abstention as a signifier of birth control. Abstinence is defined as avoiding sex. It is 100 % effectual in halting the spread of disease, and 100 % effectual in forestalling gestation. Abstinence can be a good option for some, but fortunes can alter all of a sudden, and being prepared is of import. When abstention is combined with another signifier of contraceptive method, such as rubbers or spermatocide, it is a realistically feasible program for birth control. Birth control is an of import personal determination. The type of birth control you choose and its effectivity can play a major portion in the remainder of your life. It is critical to do the proper determination, and educating oneself about the sorts of birth control available is indispensable to doing that pick. Bibliography Abstinence. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/abstinence.html. May 11, 2001. Cervical Cap. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/cervicalcap.html. May 11, 2001. Combined Oral Contraceptives. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/pills.html. May 11, 2001. Condoms. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/condom.html. May 11, 2001. Depo-Provera Injections. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/depo.html. May 11, 2001. Diaphragm. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/diaphragm.html. May 11, 2001. Medroxyprogesterone. hypertext transfer protocol: //health.yahoo.com/health/drugs_tree/medication_or_drug /0840/index2.html. May 11, 2001. Progestin-Only Pills. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/minipills.html. May 11, 2001. Reality Female Condom. hypertext transfer protocol: //www.emory.edu/whsc/med/famplan/reality.html. May 11, 2001.

Process of Sales of Manufacturing Goods †MyAssignmenthelp.com

Question: Discuss about the Process of Sales of Manufacturing Goods. Answer: Description of the Issue The process of sales of manufacturing goods to the staffs is processes outside theaccounting system of the company. In addition, proceed from the sales are used for the social and recreational activities of the staffs. Involvement of Fundamental Ethical Principles According to the conceptual framework of ethical accounting, in case anaccounting identifies organizationalaccounting operations not complying with the ethical principles, he/she needs to evaluate the level of threat so that they can be bring down to an acceptable level with the help of proper safeguards (ifac.org 2017). The provided case study states that the production manager allows the sales processes that are not processes with the help fair and true accounting policies. Thus, in this case, the self-interest threat of the accountants is involved. It can be seen that the accountants of Osmo has not been honest and straightforward. Thus, it can be seen that there is a violation of the principle of integrity. After that, it can be seen that the proceeds from the sales are use for social and recreational activities of the staffs instead of using it for the expansion and growth of the company. This process can be considered as unauthorized practice (ifac.org 2017). From this incident , it is clear that there is biasness in the decision-making process of the company. On the other hand, the objectivity of the total accounting process has not been maintained. A major fact is that the accountant of Osmo has not been professional to their works. Thus, it is clear that there is a violation of the accounting principles of objectivity and professional competence. It can also be seen that the accountants of Osmo has not included the necessary financial information in the financial statements of the company. As a result of this, the financial statements of Osmo fails to reflect the true and fair financial position of the company. Hence, on the overall basis, it can be seen that the accountant of the company has not behaved as a true accounting professional as the accountant has not complied with the rules and regulations of accounting principles. For this reason, it can be seen that there has been the breach of the accounting principle of professional behavior. Considerations The first consideration is process of sales value outside the accounting system of the company. As per the conceptual framework of accounting, it is required for every business organization to correctly record all accounting and financial information so that the financial statements of the companies show the actual financial position (Zadek, Evans Pruzan, 2013). This is a major material fact for Osmo. The next consideration is the use of the proceeds of sale for social and recreational activities of the staffs. It needs to be mentioned that the sales proceeds need to be used for the growth and expansion of the company instead of entertainment activities. These are the major considerations from the material facts of Osmo. It needs to be mentioned that the company is evading tax by not showing the actual amount of sales in the financial statements. Possible Courses of Action It can be seen that the annual revenue, asset value and employee base of Osmo has crossed the threshold limit of a small company. Thus, there is a requirement of conducting statutory audit of the accounts of Osmo. This can be considered as a major course of action for the issues (Thomas, 2012). It is clear that the sales accounts of Osmo have not been maintained as per the principle of accounting framework. Thus, it is required to establish effective and correct accounting system for various accounting processes of Osmo. This is another major course of action (Bebbington, Unerman O'Dwyer, 2014). It is required for the accountants of Osmo to consider all financial and accounting information that can have material impact on the financial position of the company. It will help in bringing integrity in the accounting works of the company. The implementation of key fundamental principles of accounting is required in the company. This implementation will make the accountants work with integrity and in an honest way. References (2017).Ifac.org. Retrieved 13 November 2017, from https://www.ifac.org/system/files/publications/files/ifac-code-of-ethics-for.pdf Bebbington, J., Unerman, J., O'Dwyer, B. (Eds.). (2014).Sustainability accounting and accountability. Routledge. DRURY, C. M. (2013).Management and cost accounting. Springer. Thomas, S. (2012). Ethics and accounting education.Issues in Accounting Education,27(2), 399-418. Zadek, S., Evans, R., Pruzan, P. (2013).Building corporate accountability: Emerging practice in social and ethical accounting and auditing. Routledge.