The staggering amount Angela Merkel will receive after leaving post

After leaving the post, the German Chancellor will receive monthly retirement benefits of around 15,000 euros (approximately 16,000 francs) according to an estimate by the German Federation of Taxpayers, writes anzeiger Tags.

After nearly 16 years at the helm of the government, 67-year-old has decided not to run again in parliamentary elections held in September.

The amount of its pension mentioned results from its long representation in Bundestag and from its time as Federal and Chancellor minister, the organisation in question announces, albinfo.ch broadcasts.

Pension rights are regulated by law. For their representation in Bundestag these rights are presented to the law for MPs while working in the federal government, in the federal ministers' law.

According to paragraph 20 of the Law for MPs, for example, Merkel would be entitled to a maximum of 65 percent of what she has won for about 31 years in parliament, albinfo.ch conveys. However, various pension rights (as a member of parliament and as minister and Chancellor) are compensated in relation to the other.

Just as all former Canadians and former federal presidents, CDU politician Angela Merkel after retirement will also have the right to hold an office. She will also meet an office manager, two referenda, a printer and a driver, all financed by the state.