Peugeot must reconsider CEO pension: French govt

November 27, 2013

PARIS (Reuters) - Two French ministers told carmaker PSA Peugeot Citroen (UG.PA) on Wednesday to "reconsider" plans to provision 21 million euros in its accounts to award a pension to outgoing chief executive Philippe Varin.

The calls by Industry Minister Arnaud Montebourg and Finance Minister Pierre Moscovici followed an outcry by labor unions at the ailing carmaker. "Things must be reconsidered," said Moscovici.

(Reporting By Brian Love; editing by Mark John)