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

© AFP 2023 / Alex WongGerman Chancellor Angela Merkel (L) shares a moment with U.S. Vice President Joseph Biden (2nd R) as Speaker of the House Rep. Nancy Pelosi (D-CA) (R) looks on after Merkel addressed a joint session of the U.S. Congress on Capitol Hill November 3, 2009 in Washington, DC.
German Chancellor Angela Merkel (L) shares a moment with U.S. Vice President Joseph Biden (2nd R) as Speaker of the House Rep. Nancy Pelosi (D-CA) (R) looks on after Merkel addressed a joint session of the U.S. Congress on Capitol Hill November 3, 2009 in Washington, DC. - Sputnik International, 1920, 14.08.2021
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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.
© AFP 2023 / MICHAEL KAPPELERGerman Chancellor Angela Merkel arrives at the Israeli embassy in Berlin to sign the book of condolence for Israeli ex-president and Nobel Peace Prize winner Shimon Peres on September 30, 2016.
German Chancellor Angela Merkel arrives at the Israeli embassy in Berlin to sign the book of condolence for Israeli ex-president and Nobel Peace Prize winner Shimon Peres on September 30, 2016. - Sputnik International, 1920, 07.09.2021
German Chancellor Angela Merkel arrives at the Israeli embassy in Berlin to sign the book of condolence for Israeli ex-president and Nobel Peace Prize winner Shimon Peres on September 30, 2016.
Since Merkel refused to take part in the next Bundestag election, she will resign after a new government is formed. The politician remains discreet about her plans.
"There are demands made of me while I am in the office and I will continue in that way until my last day", Merkel told the press.
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