Isn't it that any minister who serves two terms and is above 55 will start drawing their pension, in addition to their salary?
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10 obscene facts about pm lee’s salary
- Thread starter makapaaa
- Start date
Isn't it that any minister who serves two terms and is above 55 will start drawing their pension, in addition to their salary?
Singapore's ministers are paid a ridiculously low amount considering the fantastic work they do and the responsibilities they have to shoulder.
If I'm not wrong, ministerial salaries are exempted from tax. I wouldn't make sense to pay them using people's tax and then to tax them.
Boss Sam, if you have gut to compare him with NZ PM and you still say he is good I salute you.
For fuck sake Leongsam, gay Loong is just another leader of a country just like any other prime minister and president. Don't try to act stupid because you are not.
He is trying very hard to bring back those PAP IB as the oppositions here are very very strong. LOL!!!
Father and son are thieves then. Both give themselves in excess of $3M a year obscene salaries and double dipping some more. Then they go give more obscene salaries to their kangaroo legal department/ ministry no wonder we cannot see our CPF@55.
http://therealsingapore.com/content/10-obscene-facts-about-pm-lee’s-salary
[h=1]10 OBSCENE FACTS ABOUT PM LEE’S SALARY[/h]
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Post date:
10 Jun 2014 - 4:00pm
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It’s no secret that Prime Minister Lee Hsien Loong is the highest paid leader in the world. But just how much is he paid?
1. If PM Lee’s pay was cut by nearly 70%, he would still be the highest paid leader in the world.
PM Lee isn’t just the highest paid leader in the world, he has no close second. CY Leung (who is second) of Hong Kong receives $SGD $642,173 per annum, less than 30% that of PM Lee. If PM Lee were to take a massive 70% pay cut, he would still earn more than him.
2. PM Lee makes more in a day than what 5 low-income families make in a month.
All civil servants have a 5 day work week and compensation is structured around that schedule. Assuming PM Lee worked 5 days a week for all 52 weeks, his daily pay would amount to $8461 ($2,200,000/(52 x 5). An average low income family would only make $1500 a month.
3. PM Lee makes more than the top 0.1% of Singaporeans.
The top 1% of income earners in Singapore make $700,000 a year. The top 0.1% make close to $1.8 million, still short of PM Lee’s grand figure of $2.2 million. PM Lee’s salary doesn’t just put him among the rich, but the super rich.
4. He pays only 20% in income tax.
The top income tax rate in Singapore is only 20%, so we can assume that that’s the maximum amount PM Lee has to pay. If he earned that much in the socialist welfare states of Europe, he’d be paying at least 50% in taxes.
5. $2,200,000 a year is only the base pay. There are still bonuses and other generous benefits.
$2.2 million a year is a lot of money by any measure, but PM Lee is also entitled to an allowance worth 1 month’s pay and a bonus worth 6-12 month’s pay depending on his performance.
6. PM Lee’s pay used to be even higher.
Believe it or not, PM Lee’s salary used to be even more obscene. From 2008 to 2012, Lee earned an annual salary of S$3,870,000,an increase of 25% from the previous S$3,091,200.On January 2012, in response to public unhappiness at the high salary,Lee took a 28% pay cut reducing his salary to S$2.2 million (US$1.7 million).
7. PM Lee’s makes over 60 times that of a fresh Uni grad
The average starting pay of a university graduate is a modest $36,000 a year, 60 times less than what PM Lee makes.
8. It would take a middle income earner his entire work life to earn what PM Lee makes in a year.
A middle income earner making $4500 a month would take approximately 488 months or about 40 years and 8 months to earn $2.2 million.
9. PM Lee’s salary is not bench marked to average Singaporeans but that of top private sector pay.
The salaries of our ministers soared in the 1990s when they were bench marked to an average of the highest private sector pay in Singapore.
PM Lee and numerous PAP ministers had long justified their high salaries by insisting they were necessary to attract the “best managerial and leadership talent to public service”.
10. There are some PAP ministers and MPs who actually think that amount is decent.
In January 2012, Grace Fu, in reaction to ministerial pay cuts, ranted on how further cuts to ministerial salaries may dissuade people from serving in politics in the future. Her Facebook post was met with mass criticism.
In May 2011, MP for Nee Soon, Lim Wee Kiak linked ministerial salaries to the “dignity” of politicians. He had been quoted by Lian He Zao Bao as saying, “If the annual salary of the Minister of Information, Communication and Arts is only $500,000, it may pose some problems when he discuss policies with media CEOs who earn millions of dollars because they need not listen to the minister’s ideas and proposals. Hence, a reasonable payout will help to maintain a bit of dignity.” His comment was the subject of harsh criticism both online and offline.
Arifiin Sha
*The writer blogs at http://ariffin-sha.com/
Singapore Inc. belongs to his Daddy.
http://therealsingapore.com/content/10-obscene-facts-about-pm-lee’s-salary
[h=1]10 OBSCENE FACTS ABOUT PM LEE’S SALARY[/h]
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Post date:
10 Jun 2014 - 4:00pm
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It’s no secret that Prime Minister Lee Hsien Loong is the highest paid leader in the world. But just how much is he paid?
1. If PM Lee’s pay was cut by nearly 70%, he would still be the highest paid leader in the world.
PM Lee isn’t just the highest paid leader in the world, he has no close second. CY Leung (who is second) of Hong Kong receives $SGD $642,173 per annum, less than 30% that of PM Lee. If PM Lee were to take a massive 70% pay cut, he would still earn more than him.
2. PM Lee makes more in a day than what 5 low-income families make in a month.
All civil servants have a 5 day work week and compensation is structured around that schedule. Assuming PM Lee worked 5 days a week for all 52 weeks, his daily pay would amount to $8461 ($2,200,000/(52 x 5). An average low income family would only make $1500 a month.
3. PM Lee makes more than the top 0.1% of Singaporeans.
The top 1% of income earners in Singapore make $700,000 a year. The top 0.1% make close to $1.8 million, still short of PM Lee’s grand figure of $2.2 million. PM Lee’s salary doesn’t just put him among the rich, but the super rich.
4. He pays only 20% in income tax.
The top income tax rate in Singapore is only 20%, so we can assume that that’s the maximum amount PM Lee has to pay. If he earned that much in the socialist welfare states of Europe, he’d be paying at least 50% in taxes.
5. $2,200,000 a year is only the base pay. There are still bonuses and other generous benefits.
$2.2 million a year is a lot of money by any measure, but PM Lee is also entitled to an allowance worth 1 month’s pay and a bonus worth 6-12 month’s pay depending on his performance.
6. PM Lee’s pay used to be even higher.
Believe it or not, PM Lee’s salary used to be even more obscene. From 2008 to 2012, Lee earned an annual salary of S$3,870,000,an increase of 25% from the previous S$3,091,200.On January 2012, in response to public unhappiness at the high salary,Lee took a 28% pay cut reducing his salary to S$2.2 million (US$1.7 million).
7. PM Lee’s makes over 60 times that of a fresh Uni grad
The average starting pay of a university graduate is a modest $36,000 a year, 60 times less than what PM Lee makes.
8. It would take a middle income earner his entire work life to earn what PM Lee makes in a year.
A middle income earner making $4500 a month would take approximately 488 months or about 40 years and 8 months to earn $2.2 million.
9. PM Lee’s salary is not bench marked to average Singaporeans but that of top private sector pay.
The salaries of our ministers soared in the 1990s when they were bench marked to an average of the highest private sector pay in Singapore.
PM Lee and numerous PAP ministers had long justified their high salaries by insisting they were necessary to attract the “best managerial and leadership talent to public service”.
10. There are some PAP ministers and MPs who actually think that amount is decent.
In January 2012, Grace Fu, in reaction to ministerial pay cuts, ranted on how further cuts to ministerial salaries may dissuade people from serving in politics in the future. Her Facebook post was met with mass criticism.
In May 2011, MP for Nee Soon, Lim Wee Kiak linked ministerial salaries to the “dignity” of politicians. He had been quoted by Lian He Zao Bao as saying, “If the annual salary of the Minister of Information, Communication and Arts is only $500,000, it may pose some problems when he discuss policies with media CEOs who earn millions of dollars because they need not listen to the minister’s ideas and proposals. Hence, a reasonable payout will help to maintain a bit of dignity.” His comment was the subject of harsh criticism both online and offline.
Arifiin Sha
*The writer blogs at http://ariffin-sha.com/
The time for Roy and those like Roy will be now.
PAP is finished.
The stinking glue and terror that hold PAP together is that old fart smear of shit on sole of shoe LKY
LKY is about to die in days or weeks
None of those in PAP work for anyone but that smear of shit on sole of shoe LKY, to help him hold down Singaporeans to screw and fuck hundreds of BILLIONs from us all into smear of shit on sole of shoe LKY stinkapore sovereign funds.
They are there in PAP because LKY know that they are a bunch of self serving greedy bastards and scrapings of scums of society. To call them maggots cockroaches will be to insult real maggots and real cockroaches.
LKY will never allow good decent people into the PAP and good decent people will not want to get into the PAP.
Maggots and cockroaches are appointed as ministers in parliament
Kangaroos are frolicking in High Court instead of being allowed to wander and roam about in the Zoo
And lowest scums of society known for their vicious self interest driven greed are preaching to sinkies on morality and elitism.
Those in PAP are the most corrupt and moral degenerates and moral bankrupts and moral filths that are being presented to stinkaporeans as moral compasses.
Despite the leeching and fucking of singaporeans by the cheebye PAP and LKY, Singapore still managed to survive to date.
Despite their being hung as a fucking millstones around the necks of Singaporeans and the idiocy and corrupt manipulations of PAP and LKY, Singapore still not dead yet.
WE ALL ARE NOW WAITING FOR THE DEATH OF LKY IN COMING DAYS OR WEEKS.
WE ALL WILL YUM SENG AND YUM SENG AND YUM SENG AGAIN AND AGAIN DANCING SINGING ON TABLE TOPS AND STREETS
WE THEN WILL SEE THOSE IN PAP WITH SHARPENED KNIVES HOOTING ARSEHLOON A DOZEN NEW ARSEHOLES AND THE DEATH OF THE ENTIRE LEE KWA CLAN
WE THEN WILL PICK UP PIANO WIRES AND HANG ALL THOSE REMAINING PAP AND THEIR COLLABORATORS FROM LAMP POSTS AND SEE THOSE BASTARDS AND BITCHES DANCE.
AND HAPPINESS WILL RETURN TO OUR LAND.
AND STINKAPORE WILL BECOME SINGAPORE ONCE MORE.
https://www.torproject.org/about/overview.html.en
IT VERY CLEAR THAT THE FUCKING PAPs ARE SCREWING AND SUEING THE SINGAPOREANS
AND NOT JUST ROY
PAPs ARE ATTACKING SINGAPOREANS BY THIS ATTACK ON ROY
PAPs ARE FIXING THEIR PIANO WIRES AROUND THE NECKS OF SINGAPOREANS
PAPs ARE FIXING THE NECKLACE OF BURNING CAR TYRES ON THE NECKS OF SINGAPOREANS
WILL SINGAPOREANS REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH FOR PAPs TO FUCK
AND TO TIEW AND TO TIE PIANO WIRES?
ENOUGH IS ENOUGH
Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.
BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.
Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.
Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.
GET RID OF THE POISON IN SINGAPORE
HANG ALL THOSE FUCKING PAPs AND THEIR COLLABORATORS
BBQ THE BASTARD PAPs
AND SINGAPORE CAN BE AS GOOD IF NOT BETTER THAN SWITZERLAND
OR REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH TO BE FUCKED TO BE TIEWED TO BE KANNED BY THE PAP MAGGOTS COCKROACHES
Kill them all PAPs
Let GOD sort out the good from the really bad ones
The good PAPs can then eat joss sticks and candle wax from time to time
The bad PAPs like smear of shit on sole of shoe LKY will be raped and tiewed and kanned by legions of ghouls and demons and not ever
get time off to eat joss sticks and candle wax
Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.
BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.
Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.
Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.
None of those in PAP work for anyone but that smear of shit on sole of shoe LKY, to help him hold down Singaporeans to screw and fuck hundreds of BILLIONs from us all into smear of shit on sole of shoe LKY stinkapore sovereign funds.
They are there in PAP because LKY know that they are a bunch of self serving greedy bastards and scrapings of scums of society. To call them maggots cockroaches will be to insult real maggots and real cockroaches.
LKY will never allow good decent people into the PAP and good decent people will not want to get into the PAP.
Maggots and cockroaches are appointed as ministers in parliament
Kangaroos are frolicking in High Court instead of being allowed to wander and roam about in the Zoo
And lowest scums of society known for their vicious self interest driven greed are preaching to sinkies on morality and elitism.
Those in PAP are the most corrupt and moral degenerates and moral bankrupts and moral filths that are being presented to stinkaporeans as moral compasses.
Despite the leeching and fucking of singaporeans by the cheebye PAP and LKY, Singapore still managed to survive to date.
Despite their being hung as a fucking millstones around the necks of Singaporeans and the idiocy and corrupt manipulations of PAP and LKY, Singapore still not dead yet.
WE ALL ARE NOW WAITING FOR THE DEATH OF LKY IN COMING DAYS OR WEEKS.
WE ALL WILL YUM SENG AND YUM SENG AND YUM SENG AGAIN AND AGAIN DANCING SINGING ON TABLE TOPS AND STREETS
WE THEN WILL SEE THOSE IN PAP WITH SHARPENED KNIVES HOOTING ARSEHLOON A DOZEN NEW ARSEHOLES AND THE DEATH OF THE ENTIRE LEE KWA CLAN
WE THEN WILL PICK UP PIANO WIRES AND HANG ALL THOSE REMAINING PAP AND THEIR COLLABORATORS FROM LAMP POSTS AND SEE THOSE BASTARDS AND BITCHES DANCE.
AND HAPPINESS WILL RETURN TO OUR LAND.
AND STINKAPORE WILL BECOME SINGAPORE ONCE MORE.
https://www.torproject.org/about/overview.html.en
Singapore's per capita GDP is more than double that of NZ's [USD65,000 vs USD30,000] and Singapore can achieve this without any natural resources whatsoever.
Singapore's biggest asset is the PAP government which is very skilled at managing the country despite the fact that it has only 695 sqkm to work with.
NZ has a land area of 268,021 km2 and yet it is far less productive.
This is infuriating to see such blatantcy !
Give us back all OUR blood and sweat CPF money at age 55 NOWWW !!
For ordinary citizens like us, It is OUR hard-earned money from decades of toiling !!
Give us back all OUR blood and sweat CPF money at age 55 NOWWW !!
For ordinary citizens like us, It is OUR hard-earned money from decades of toiling !!
Actually, the obscene pay raise of ministers' salary as well as the stupid foreign talent policy were first initiated when goh chok tong was prime minister of Singapore. Goh chok tong is even more culpable than lee hsien loong given that he master minded all these unpopular policies.
This is infuriating to see such blatantcy !
Give us back all OUR blood and sweat CPF money at age 55 NOWWW !!
For ordinary citizens like us, It is OUR hard-earned money from decades of toiling !!
This is absurd !
The elites' everyday meal 'big fish big meat.
We ordinary citizens eat stale bread and raw yam because all OUR CPF are not given back to us !!:oIo:
One big important fact. He don't ever need to worry about retirement or savings enough for retirement (unless he spends like the airport cleaner that blew a $1m in one year!!). Like the Hokkien saying... so much , eat also cannot eat finish!!
Footballers arent paid with taxpayers' money. Footballers dont decide on their salary. Market forces decide.
In the first place, who decided on the pay scheme when the Sillypore gahbrament was setup?
Did the gahbrament get the consensus of the local peasants on how much they should be paid?
Did the gahbrament get the consensus of the local peasants on how much increment they should be getting?
Did the gahbrament get the consensus of the local peasants on how much bonus they should be deserve?
Seems like all these was done even without asking all the tax payers consent.
Did the gahbrament get the consensus of the local peasants on how much they should be paid?
Did the gahbrament get the consensus of the local peasants on how much increment they should be getting?
Did the gahbrament get the consensus of the local peasants on how much bonus they should be deserve?
Seems like all these was done even without asking all the tax payers consent.
you are wrong. SG asset is not the PAP government,its the people who made what SG is today. Without subjects, PAP won't achieve anything.
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