| 1. 2 Fully furnished residences that befit a former president at place of his choice | | ||||
| -One in | | | | | |
| | | | Qty | Cost ea | Total |
| Est. Cost (compare typical house in E. Legon / | 2 | $700,000 | $1,400,000 | ||
| House Furnishings | | | 2 | $25,000 | $50,000 |
| | | | | | |
| 2. 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. | | Qty | Cost ea | Total | |
| a. Saloon cars (3) | | 3 | $45,000 | $135,000 | |
| b. Cross-country 4x4 (2) | | 2 | $75,000 | $150,000 | |
| c. All purpose vehicle (1 | | 1 | $50,000 | $50,000 | |
| d. Chauffeur - est. annual salary & benefits | | 6 | $20,000 | $120,000 | |
| e. Est. Maintenance costs per year | | 6 | $5,000 | $30,000 | |
| f. Fuel, est.$3.50/gal, 10k.mi/yr, 15mpg | | $3.50 | 6 | $14,000 | $84,000 |
| g. Comp. Insurance | | | 6 | $12,000 | $72,000 |
| h. Depreciation of vehicle over 48 mos.(use mean value) | 0.250 | 6 | $13,958 | $83,750 | |
| | | | | | |
| | | | Qty | Cost ea | Total |
| 3. Police Escort during travel, salary | | | 10 | $4,000 | $40,000 |
| Misc.expenses of police escort (Board & lodging, fuel use) | | 10 | $6,000 | $60,000 | |
| | | | | | |
| 4. TRAVEL -President and spouse are entitled to one overseas travel once a year with | |||||
| a maximum duration of 45 days, but if he had served two consecutive terms, | | ||||
| he would be entitled to 65 days. Accompanied by three professionals | | | |||
| and personal assistants and adequate security. | | | | | |
| | | Days | Qty | Cost ea | Total |
| a. Travel 1st Class ticket | 1 | 2 | $5,000 | $10,000 | |
| b. Daily high end hotel (est.$600), meals& exp(est.200) | 65 | 1 | $800 | $52,000 | |
| c. 3 Professionals +3 Pers. Asst.-Assume Coach travel | 1 | 6 | $2,500 | $15,000 | |
| d. Daily hotel, meals & misc. expenses for Prof.& Assts | 65 | 6 | $500 | $195,000 | |
| | | | | | |
| 5. Security - 24 hours security services | 5 | $6,000 | $30,000 | ||
| | | | | | |
| 6. Entertainment Package for Presidents pleasure | 1 | $20,000 | $20,000 | ||
| | | | | | |
| a. Non-taxable ex-gratia award equivalent to 12 months consolidated salary for | | ||||
| each full year of service but where the president serves a second consecutive term, | |||||
| an additional non-taxable resettlement grant of six months consolidated salary for | | ||||
| each full year of service or pro rata would be paid together with non-taxable | | ||||
| Ex-gratia of 12 months consolidated salary for each year in office. | | | | ||
| (Assume est. official salary of President =$60,000/year) | Qty | yrs | Cost ea | Total | |
| Ex-gratia award-2-term (1yr + 6 mos) ------------- | 1.5 | 8 | $60,000 | $720,000 | |
| Additional ex-gratia (1year for each year of service) | 1 | 8 | $60,000 | $480,000 | |
| | | | | | |
| TOTAL INITIAL COST TO STATE (YEAR ONE) | | | | | $3,796,750 |
| | | | | |
|
| Total One-time Severance ex-gratia award (1,7) | $2,650,000 | ||||
| | | | | |
|
| Annual Expenses on ex-President /cost to State | $1,146,750 | ||||
