Pope Benedict XVI reads papers in his summer residence on July 26, 2010 in Castel Gandolfo, near Rome, Italy. The Pontiff will visit England from September 16 - 19. L'Osservatore Romano - Vatican Pool via Getty Images
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Vatican mum on Pope Benedict XVI's retirement package

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Final arrangements are underway to help Pope Benedict XVI's transition from the papacy to retirement. The Pope will move to the Mater Ecclesiae ex-nunnery on Thursday, Feb. 28.

There was new speculation Wednesday morning about what type of retirement package the Pope will receive. Retired bishops typically receive $3,500 per month in retirement. But the Vatican isn't disclosing how much the Pope's pension will be.

The London Telegraph reports the retired Pope will hold the title Bishop Emeritus of Rome. Vatican officials have also said he will resume use of his given name, Joseph Ratzinger.

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