Good Prospects: Merkel to Receive 15,000-Euro Monthly Pension After Stepping Down, Reports Say - Sputnik International

The German chancellor previously announced she wouldn’t be participating in the September elections, meaning she would leave office - but didn't comment on her future plans, saying "there is little time and space to think about the time after".

After leaving her position, Angela Merkel will be receiving a huge pension - some 15,000 euros each month, the DPA news agency reported on Saturday.

Merkel, who has been in the Bundestag since 1990 and has served as chancellor for 15 years, is entitled to a pension of 65% of the parliamentary salary, according to the report. In addition, she will be entitled to hiring assistants, a secretary, and a driver at the state's expense....

--