France's Macron to give up presidential pension in reform gesture


  • World
  • Sunday, 22 Dec 2019

FILE PHOTO: France's President Emmanuel Macron speaks during the inauguration of the Agora "win win" in Koumassi, Abidjan, Ivory Coast December 21, 2019. REUTERS/Luc Gnago

PARIS (Reuters) - French President Emmanuel Macron, whose plans to reform the pension system have run into fierce public opposition, will forego a special presidential pension payout when he eventually steps down, his office said on Sunday.

Under a law dating back to 1955, France's presidents are entitled to draw a pension of about 6,000 euros (5,114 pounds) per month before tax as soon as they leave office.

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