In this task, you are given a summary for US Congressional and California state bill, your task is to generate a Title for this bill. The preferred titles are under forty words and mention the purpose of the bill.
Q: Presidential Allowance Modernization Act - Revises provisions relating to presidential pensions toallow formerPresidentsan annuityof $200,000and an additional monetaryallowanceof $200,000 per year. Reduces such pension by the amount that a President's adjusted gross income in a taxable year exceeds $400,000. Increases from $20,000 to $100,000 the annual annuity of a surviving spouse of a former President.
A:
Presidential Allowance Modernization Act