Czech Senate approves new presidential pension

Following an earlier decision by the Chamber of Deputies, the Czech Senate approved a bill on Wednesday that will set the presidential pension at 100, 000 crowns per month. Half that sum will go directly to former presidents, while the other 50, 000 will go towards expenses such as maintaining an office after leaving power. The bill, which for the time being would affect only former president Vaclav Havel, must now be signed by Mr Havel's successor Vaclav Klaus.