how-much-does-the-president-of-the-republic-earn-and-how-much-does-the-quirinale-cost-–-rb

How much does the President of the Republic earn and how much does the Quirinale cost – RB

How much does the President of the Republic earn and how much does the Quirinale cost – RB

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How much does the President of the Republic earn and how much does the Quirinale cost – RB

How much does the President of the Republic earn and how much does the Quirinale cost – RB We have explained the details of the news, step by step, below. How much does the President of the Republic earn and how much does the Quirinale cost – RB Keep reading our news. Here are all the details on the subject.

How much does the President of the Republic earn and how much does the Quirinale cost – RB

The next 24 in January the new president of the Italian Republic will be elected . Sergio Mattarella, 12 º President of the Italian Republic from February 3 2015, will leave his mandate. The President of the Chamber Roberto Fico and the President of the Senate Maria Elisabetta Alberti Casellati, the first woman to hold the second most important office in the state, have therefore started the procedure that will lead to the election of the 13 ° President of the Republic.

The President of the Republic is a constitutional body elected by Parliament in joint session integrated by the delegates of the Regions: 3 councilors per region, with the exception of Valle d’Aosta, which appoints only 1, for a total of 58. Remains in office for a period of 7 years.

The Constitution establishes that anyone with Italian citizenship who has completed the 50 years of age and enjoy civil and political rights.

But what is the salary of the President of the Republic ? How much does the head of state earn per month for his “neutral” role as guarantor of the Constitution and national unity? And how much does the Quirinale cost?

How much does the Quirinale cost

As reported by Truenumbers, who analyzed the financial statements, the Quirinale costs every year 224 million $ . The total cost of Quirinale activities for the 52, 3 % is made up of the salaries of personnel, 713 people, serving at the Colle.

The set of salaries of the staff in service, during the 2021, was from 117.165. 480 millions of $ . A figure, we read in the official budget, is destined to decrease by 4, 69% in the next three years, to arrive in 2023 at 111. 665. 480 millions of $.

Based on the breakdown between the various types of employment relationship, salaries are divided as follows :

82, 023 million $ for permanent staff 7, 690 million for non-permanent staff 9, 317 million $ for seconded personnel 1, 504 $ for the directors and consultants of the Presidency of the Republic.

How much does the President of the Republic earn

Compared to the total of 224 million $, the salary of the President of the Republic represents 0, 11%, or 240 thousand $ of gross annual salary . 13 monthly payment from 18. 400 gross $ per month, from which the personal income tax must be subtracted. As Truenumbers points out again, the highest office in the state does not, however, receive the fourteenth .

His salary represents 0, 24% of total salaries of Quirinale employees, which amount, for 2021, to approximately 118 million $.

The ceiling: how much can you earn at most

Someone may be thinking that, however, in addition to the economic endowment of the President from the state budget, there are other sources of income such as pensions, annuities and salaries paid by third parties. So how much can the salary of the Head of State reach? Surprisingly, always and only for 240 thousand $.

The total remuneration of the President of the Republic can never exceed this annual ceiling . And this precisely by the will of Sergio Mattarella. In fact, one of the first official acts of the current President was the ban on accumulation of salaries, annuities and pensions . Hence Mattarella’s decision to give up his retirement as a university professor.

Not only that: the President of the Republic, by decree of 23 February 2015, has ordered not only for him but in respect of of all subjects who perform functions within of the Presidency of the Republic the prohibition of accumulation of salaries with treatments pensions paid by public administrations .

And therefore, no employee of the Quirinale can earn more than 240 thousand $: if this ceiling is exceeded, the salary deduction would take effect immediately (here instead what Prime Minister Mario Draghi earns).