Miguel Arias Canete earns more than £210,000 a year as climate commissioner while drawing a pension from a controversial scheme which is set to go bust in six to eight years, costing taxpayers millions.
Despite not yet being retired, the 67-year-old former MEP is already withdrawing thousands every month.
He only paid into it for two years.
Mr Canete is also entitled to a European Commission pension once he leaves office.
He was an MEP from 1986 to 1999 and again in 2014.
He became the EU commissioner for climate action and energy in 2014.
A number of British MEPs are also set to benefit from the scheme, including former Ukip leader Nigel Farage and former French MEP Marine Le Pen.
Pieter Cleppe, of the British think tank Open Europe, said: “Since 2009 it is no longer possible for new MEPs to profit from it, but that is not enough, given the fact that the arrangement remains a liability for taxpayers, which are obliged to bail it out.”
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