How noble of Kathleen Sebelius to hold off on her resignation as HHS Secretary, long enough for team Obama to find a suitable replacement. Or so she says anyway. Sebelius announced her resignation on April 11th and pledged to stay on until a new HHS Secretary was confirmed by the Senate. Well it turns out that there may be a little financial motive behind Kathleen’s “noble act” of staying on until the new secretary is confirmed.
Many of us wondered why Sebelius was not fired for her roll in the failed roll out of Obamacare. It’s hard to get the truth out of anyone in that department but regardless, no one was held accountable for the massive failures of the Obamacare website. Of course we were stunned to hear of her resignation AFTER the open enrollment period came to an end. But as it turns out, since Sebelius was sworn in on April 28, 2009, she would not be eligible for a government pension and continue with taxpayer-funded healthcare benefits if she were to leave prior to 5 continuous years in her current position. Failure to stay until April 28th of this year, would result in a zero pension.
The pension would bring Sibelius an extra $10,000 a month and although she is enrolled in Medicare, she will continue to receive government subsidized contributions to her healthcare provided that she completes the full 5 years. Sebelius could start receiving these benefits as early as 30 days after leaving her post.
Coincidently, the Senate, which is on recess, comes back into session on the day that Sebelius will reach her 5 year mark.