The Dalai Lama announced Thursday his plan to retire as political head of the exiled movement, according to his website.

He said he will formally propose amendments to the Charter for Tibetans in Exile to make the change at the upcoming session of the Tibetan Parliament in Exile that begins Monday. If the changes are made, leadership of the group would be passed to an elected leader.

The Dalai Lama told CNN in October that he would like to retire at some point....