Wednesday, 20 February 2013

Pope Benedict predicted $3,340 retirement benefit per month as retirement benefit

Pope Benedict XVI who announced his resignation from office with effect from February 28 will be paid a pension of 2,500 euros a month, or about $3,340 according to several Italian media outlets, which quoted the amount of the pension usually paid to bishops.

The head of the Catholic Church does not officially have an income and doesn’t really get paid, the Vatican has said repeatedly in response to inquiries from the press over the years, adding that “he has his every need provided for by the Holy See”.

The Italian press however said, “but we know what Benedict will make once he relinquishes the papacy on Feb. 28. He will be paid a pension of 2,500 euros a month, or about $3,340.

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