1997-2008 Increase pay and pay cut 2009

[fivestars]

2008 Salaries of Key Appointments

Appointment

President - 119,520

Prime Minister - 115,920

Minister / Senior Permanent Secretary - MR4 - 59,760

Entry Super scale - SR9 - 18,240

Member of Parliament - 13,710

SINGAPORE : Political appointment holders and civil servants will see a 20 per cent drop in their total annual salaries this year, up from the earlier-announced 19 per cent.

This is in line with the Trade and Industry Ministry's latest gross domestic product growth estimate of 1.5 per cent for last year.

But as the Minister-in-charge of the Civil Service Teo Chee Hean told Parliament on Monday, the wages may change again.

He said: "The MR4 salary for 2009 will now be S$1.54 million, a drop of 20 per cent compared to 2008. Salaries at SR9 will now be S$351,000, a drop of 12 per cent compared to 2008. These 2009 salaries are projected salaries for the year.

"As the salaries are linked to economic performance, the 2009 salaries may be subject to further adjustments, given the volatility of the economy."

 

[crazy_awper]

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