How Much Pension Will Merkel Get after Retirement?

German Chancellor Angela Merkel is going to receive around 15,000 euros every month after leaving office, media outlets reported on Friday.

Merkel is entitled to a pension of 65% of the parliamentary salary, in addition to receiving another pension for her work as a consultant, according to reports.

Her predecessor, Gerhard Schröder, who held this position for 7 years, got about 6.5 thousand euros per month

Since 1990, the German leader has been regularly elected by the Bundestag. She worked in parallel with Helmut Kohl's government, then she took the post of Federal Chancellor for 16 years. Currently, she earns more than 35,000 euros a month.

The Chancellor said she had no plans for the future once she leaves office after a 26 September election. "There is little time and space to think about the time after."

"There are demands made of me while I am in office and I will continue in that way until my last day," she added.