President of France - Pay and Official Residences

Pay and Official Residences

The President of the Republic is paid a salary according to a pay grade defined in comparison to the pay grades of the most seniors members of the French Civil Service ("out of scale", hors échelle, those whose pay grades are known as letters and not as numeric indices). In addition he is paid a residence stipend of 3%, and a function stipend of 25% on top of the salary and residence indemnity. This gross salary and these indemnities are the same as those of the Prime Minister, and are 50% higher than the highest paid to other members of the government, which is itself defined as twice the average of the highest (pay grade G) and the lowest (pay grade A1) salaries in the "out of scale" pay grades. Using the 2008 "out of scale" pay grades this amounts to a monthly pay of €20,963, which fits the €19,000 quoted to the press in early 2008. Using the pay grades starting from 1 July 2009, this amounts to a gross monthly pay of €21,131.

The salary and the residence stipend are taxable for income tax.

The official residence and office of the president is the Élysée Palace in Paris. Other presidential residences include:

  • the Fort de Brégançon, in southeastern France, is the current official presidential vacation residence;
  • the Hôtel de Marigny; standing next to the Élysée Palace, houses foreign official guests;
  • the Château de Rambouillet is normally open to visitors when not used for (rare) official meetings;
  • the Domaine National de Marly is normally open to visitors when not used for (rare) official meetings;
  • the Domaine de Souzy-la-Briche has not been used by the President since 2007, and is available for lease.

Read more about this topic:  President Of France

Famous quotes containing the words pay, official and/or residences:

    Or don’t you know, so exceedingly clever as you are, that a vain tongue must pay the penalty?
    Aeschylus (525–456 B.C.)

    Well, on the official record you’re my son. But on this post you’re just another trooper. You heard me tell the recruits what I need from them. Twice that I will expect from you.... You’ve chosen my way of life. I hope you have the guts enough to endure it. But put outa your mind any romantic ideas that it’s a way to glory. It’s a life of suffering and of hardship and uncompromising devotion to your oath and your duty.
    James Kevin McGuinness, and John Ford. Lt. Col. Kirby Yorke (John Wayne)

    While the focus in the landscape of Old World cities was commonly government structures, churches, or the residences of rulers, the landscape and the skyline of American cities have boasted their hotels, department stores, office buildings, apartments, and skyscrapers. In this grandeur, Americans have expressed their Booster Pride, their hopes for visitors and new settlers, and customers, for thriving commerce and industry.
    Daniel J. Boorstin (b. 1914)