Previously on The Billfold
SNL made a retirement ad for the pope, but the Vatican prepared a real retirement package for Pope Benedict XVI (the first retirement package in almost 600 years!) and here’s what he’s getting, according to Today:
• A monthly pension of 2,500 euros, or $3,300 a month
• All his living expenses covered by the Catholic Church
• A spacious home inside the Vatican
• Cooked meals and housekeepers
• Health care
The average Social Security check for Americans is $1,200 a month, and retirees typically have to pay for their own living expenses. We’d be jealous of the pope, but of course, not everyone finds living in the Vatican so ideal.