Here’s how much retirement Chancellor Angela Merkel will have!

After 16 years as Chancellor of Germany, Angela Merkel will retire this Thursday. The taxpayers’ association has laid out how things are going for her retirement benefits.

The end of an era – Merkel is retiring

It’s the end of an era: Angela Merkel resigns as Federal Chancellor, her successor is Olaf Scholz. For the CDU politician this also means goodbye to his professional life – Merkel is retiring.

As a former chancellor, she does not have to worry about her income. As the taxpayers’ union announced in August, she will receive a monthly pension of about 15,000 euros. This pension entitlement stems from her many years of membership in the Bundestag and her time as a federal minister and chancellor.

After 31 years in parliament, Merkel is entitled to the maximum amount of pension benefits

Pension entitlements are defined by law. The amount of the pension in connection with membership in the Bundestag is regulated by the Act on the Exercise of the Mandate of a Member of Parliament, and in connection with membership in the federal government by the Act on the Office of a Federal Minister.

According to Section 20 of the Act on the Exercise of the Mandate of Members of Parliament, Merkel would, for example, be entitled to the maximum benefit – 65% of the parliamentary allowance – due to having worked some 31 years in parliament. However, the various pension entitlements are balanced.

Like all former chancellors and former federal presidents, Merkel will also be entitled to have an office. In addition, an office manager, two clerks, a typist and a driver will be funded for her.

Merkel’s retirement plans

In mid-July, when Merkel received an honorary doctorate from Johns Hopkins University, she talked about what she plans to do after retirement. She wants to take a break and think about what she’s “actually interested in.

– And then maybe I’ll try to read something, then my eyes will close because I’m tired, then I’ll sleep a little bit, and then we’ll see,” the chancellor added.

But she will probably also think about politics, she predicts. But then she’ll quickly come to her senses, “that someone else is doing it now. And I think I will like that very much.”


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