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The pope emeritus will receive a monthly pension of 2,500 euros, according to Italian newspaper La Stampa. That translates to almost $3,300, or close to the monthly maximum of $3,350 that Social Security will pay to an American who retires this year.
Ordained as a priest in 1951, Ratzinger established himself as a highly regarded university theologian by the late 1950s and was appointed a full professor in 1958. After a long career as an academic, serving as a professor of theology at several German universities—the last being the University of Regensburg, where he served as Vice President of the university in 1976 and 1977—he was appointed Archbishop of Munich and Freising and cardinal by Pope Paul VI in 1977, an unusual promotion for someone with little pastoral experience. In 1981, he settled in Rome when he became Prefect of the Congregation for the Doctrine of the Faith, one of the most important dicasteries of the Roman Curia.
From 2002 until his election as Pope, he was also Dean of the College of Cardinals, and as such the primus inter pares among the cardinals. Prior to becoming pope, he was "a major figure on the Vatican stage for a quarter of a century" as "one of the most respected, influential and controversial members of the College of Cardinals"; he had an influence "second to none when it came to setting church priorities and directions" as one of Pope John Paul II's closest confidants.[2]
en.wikipedia.org...
Originally posted by 2012newstart
lifeinc.today.com...
The pope emeritus will receive a monthly pension of 2,500 euros, according to Italian newspaper La Stampa. That translates to almost $3,300, or close to the monthly maximum of $3,350 that Social Security will pay to an American who retires this year.
Originally posted by FlyersFan
Considering how sick he is, I doubt he'll live long. Not to mention that the church is about to implode and any $$$ it has may not be there much longer. So all you folks who are concerned about his retirement income .. don't worry.
Originally posted by windword
reply to post by Tardacus
I don't think that he ever had expenses. At any rate, most of us have some sort of disposable income, after our living expenses are paid.
Maybe he wants to try his luck at Ebay auctions or the Home Shopping Network?! I think he's entitled to have some self interest from this time forward. If he wants to spend money on something, he can, without having the bureaucratic red tape and approval of the Vatican.
I don't think he can afford to be buying yachts with that kind of money.