UPDATE 2-Peugeot chief renounces $29 mln pension deal after outcry

Newswire

* Peugeot set aside 21 mln euros to cover Varin pension * Varin was due to receive 310,000 euros net annually * Government says package inappropriate (Recasts, adds Varin quotes) By Gilles Guillaume PARIS, Nov 27 (Reuters) - The outgoing chief executive of French carmaker PSA Peugeot Citroen said he would forego his pension package after an outcry from government ministers and labour unions. Peugeot has set aside 21 ...

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