Herman Van Rompuy will be entitled to more than £500,000 for doing nothing at the taxpayer’s expense over the next three years, after finishing his term as president of Europe.
After standing down on Monday, the former president of the European Council will be paid £133,723 a year, 55 per cent of his basic salary, until December 2017 - to ease him back into life outside the world of Brussels officialdom.
The Telegraph has established that Mr Van Rompuy will also receive a one off payment of £21,000 and, aged 67, he will be able draw a lifetime EU pension worth £52,000 a year, taking his earnings to £578,000 over the next three years.
The "transitional allowance" does not require Mr Van Rompuy to do any work at all and the cash will be paid under reduced rates of EU "community" tax, which are far lower than taxation in his native country of Belgium.
Doing nothing at the taxpayers' expense: I bet that's not making Mr. Rumpy-Pumpy grumpy!The allowances are defended as "the price for the total independence" of senior European Union officials who must also "ask permission for any job they would like to do for 18 months after leaving”...
|Hall and Rumpy-Pumpy sing: "Nice work if you can get it,|
and you can get it if you're me..."