An economically sustainable future requires that today, among other decisions, measures be taken concerning staff salaries.
a) In view of the deficit that has characterised the economic management of the Holy See for several years;
b) in view of the worsening of this situation following the health emergency caused by the spread of Covid-19, which has adversely affected all sources of revenue for the Holy See and Vatican City State;
(c) considering that staff costs constitute a significant item of expenditure in the budget of the Holy See and the Vatican City State;
d) considering that, although the Holy See and the Vatican City State are adequately capitalized, it is necessary to ensure sustainability and balance between income and expenditure in current economic and financial management;
e) deemed it necessary to proceed in this regard according to criteria of proportionality and progressiveness;
(f) with a view to safeguarding current jobs;
g) having obtained the competent opinion of the Secretariat for the Economy and having carefully examined every question concerning this matter, I hereby establish the following:
Remuneration of Cardinals
§1 With effect from 1 April 2021 the salary, however denominated, paid by the Holy See to Cardinals shall be reduced by ten per cent (10%) compared to the last salary paid.
Remuneration of other Superiors
§1 As from 1 April 2021, the remuneration, however denominated, net of and excluding the additional remuneration agreed in the relevant contract, paid by the Holy See and the Governorate of Vatican City State to persons classified in salary levels C and C1, shall be reduced by eight per cent (8%) compared to the last remuneration paid.
Remuneration of clergymen and religious
§1 With effect from 1 April 2021, the remuneration paid by the Holy See and the Governorate of the Vatican City State to clerics and members of Institutes of Consecrated Life or Societies of Apostolic Life, classified in salary levels C2 and C3 and in the ten non-executive functional levels, shall be reduced by three per cent (3%) compared to the last remuneration paid…..
The above comes from a March 24 release by the Vatican Press Office.