(MONEY Magazine) – When former Senate Majority Leader Bob Dole, 72, left his Capitol chambers to run for President full time, he took with him retirement benefits valued for life at $3 million. When you add those of his wife Elizabeth's, another longtime federal worker, the total package could exceed $5.5 million. Here's what MONEY estimates they'll get, starting with him:

--As much as $107,118 a year in congressional pension plus about $17,000 in Social Security. While the average private pensioner collects about 27% of his former pay, Dole will receive 72%. (As President, Dole would postpone taking his congressional pension. But once he left the White House, he'd also get a presidential pension worth about $150,000 a year.) He'll also continue to collect at least $18,600 a year in tax-free military disability pay.

--Up to $100,000 from his Thrift Savings Plan, the government version of a 401(k)

--As much as $1.1 million in tax-favored retirement savings. The Doles were able to deduct $469,336 from 1987 through 1995 by investing some of their $1.6 million honorarium income in their Keogh accounts, which allow self-employed folks to make hefty tax-deductible contributions.

--In three years, Elizabeth, 59, will be eligible for an annual federal pension of around $46,000 for her 28 years in government work, plus Social Security of $12,000 or more a year. Throw in up to $615,000 from her IRAs and Keogh-type accounts, and the Doles will retire on green, green pastures.

--Ann Reilly Dowd