Earn so much still not Happy. You 60.1% Song boh?

[Opposition]

Ministerial salaries remain unchanged in last three years: DPM Teo Chee Hean
Tuesday, March 10, 2015 - 15:22
AsiaOne

Ministerial salaries have not changed in the past three years, said Deputy Prime Minister Teo Chee Chean in Parliament on Tuesday.

This is despite the overall change of 3 per cent upward annually over the three years that the formula used to derive political salaries has been in operation.

Mr Teo said this was because the changes in the benchmark have been moderate.

Parliament had accepted recommendations from an independent committee to review the basis and level of salaries for the President, Prime Minister, political appointment holders and Members of Parliament. The committee recommended that minsterial salaries should be based on the median income of the top 1,000 earners who are Singapore citizens, with a 40 per cent discount to reflect the ethos of political service.

The 2011 MR4 benchmark for Ministers was $1.1 million.

Due to the 3 per cent upward change, the latest 2014 MR4 benchmark figures should be $1.2 million, inclusive of bonuses, but Mr Teo said the Government has kept the MR4 norm annual salary unchanged at $1.1 million.

An entry-level Minister's total annual salary starts at $935,000 a year in total.

The Prime Minister earns $2.2 million and the President earns $1.54 million.

In 2012, Parliament also endorsed doing away with pensions for politicians.

Mr Teo was responding to a question from MP Edwin Tong (Moulmein-Kallang GRC) on whether it was timely to review the political salaries framework during the debate over the budget for the Prime Minister's Office.

He also highlighted that the opposition Workers' Party (WP) agreed with the three key principles the Committee used to derive political salaries.

They are:

1) salaries must be competitive so that people of the right calibre are not deterred from stepping forward to lead the country;

2) The ethos of political service entails making sacrifices and hence there should be a discount in the pay formula;

and

3) There should be a "clean wage" with no hidden perks.

WP and the Singapore People's Party (SPP) had also suggested alternative formulas for calculating Ministerial salaries, but the overall salaries derived by WP's proposal were at the same general levels as the Committee's recommended salary level.

SPP's proposed monthly salary for Ministers was 10 per cent higher than the Committee's recommendation, but both alternative proposals were not significantly different from what Parliament had endorsed.

 

[JohnTan]

Ministers are subjected to a 40% reduction in income as compared to what they could have earned in the private sector. How many of you would be happy with a permanent 40% pay cut?

I know many of you are unhappy about their million dollar salaries. But ask yourself what would happen if we put grossly underpaid politicians in power? Ideally, they should be noble and serve the nation. But the reality is that if people in power are grossly underpaid, they will very likely be corrupt. Just look at the vast majority of Latin American, Asian and African countries. You can also look at the political dynamics in our neighbouring Malaysia and Indonesia, where the civil servants are paid a much lower salary. Yet, do you think they are clean? I already have long ago refrained from driving into Malaysia with a singapore-registered car, lest I get carjacked or pulled over by traffic police for "speeding fines". We all know those are euphemism for cops wanting bribes.

 

[laksaboy]

Trying to test waters for initiating a ministerial salary raise.

Suddenly this kind of article appears... next thing you know they'll say 'minister pay must be competitive with the private sector to attract the best talent' etc.

 

[JohnTan]

Trying to test waters for initiating a ministerial salary raise.

Suddenly this kind of article appears... next thing you know they'll say 'minister pay must be competitive with the private sector to attract the best talent' etc.

We already have the best talents in PAP. Most people are hesitant to vote for the opposition because their candidates are mostly mediocre and are not successful professionals or entrepreneurs. People have little faith in the opposition and would rather spoil their votes than vote for them.

 

[sam heng]

Scary. The benchmark of today top earner has surpassed the past top earner leap and bounce. if people no problem he would pay himself 5 millions.

 

[xpo2015]

Happy people drink alcohol regularly. Yeah right.

 

[winnipegjets]

Ministers are subjected to a 40% reduction in income as compared to what they could have earned in the private sector. How many of you would be happy with a permanent 40% pay cut?

Yeah, you think? Vivian should have been fired long ago for blowing the budget of YOG. Then he should have been fired again for rats infestation. Fired again for haze. Shanmu should be fired for not knowing his fact before make public proclamation. Most of the ministars are idiots based on their track records.

I know many of you are unhappy about their million dollar salaries. But ask yourself what would happen if we put grossly underpaid politicians in power? Ideally, they should be noble and serve the nation. But the reality is that if people in power are grossly underpaid, they will very likely be corrupt. Just look at the vast majority of Latin American, Asian and African countries. You can also look at the political dynamics in our neighbouring Malaysia and Indonesia, where the civil servants are paid a much lower salary. Yet, do you think they are clean? I already have long ago refrained from driving into Malaysia with a singapore-registered car, lest I get carjacked or pulled over by traffic police for "speeding fines". We all know those are euphemism for cops wanting bribes.

So, is sinkapore first world or third world. You keep benchmarking sinkapore with 2nd or 3rd world countries. The US administration is paid 5 times less ...they are doing a decent job, much better than sinkapore. And their jobs are more challenging than that of our ministars.
UK ministers can answer questions in Parliament during Question Period. Our ministars need questions to be submitted 2 weeks in advance and then they go to Parliament and read replies prepared by staff. These ministars can't even answer questions off-the-cuff.
To manage a peesai, they only deserve $200k max and that is only for performers. The current bench should get only $50k.

 

[xpo2015]

I dun think that Gian tao selfie taker at the mentally challenged performance deserves million dollars paycheck. He looks like gee nah to me. And behaves like one too.

 

[gingerlyn]

i want to know if PAP income are tax free?

 

[Kinanna]

Ministers are subjected to a 40% reduction in income as compared to what they could have earned in the private sector. How many of you would be happy with a permanent 40% pay cut?

I know many of you are unhappy about their million dollar salaries. But ask yourself what would happen if we put grossly underpaid politicians in power? Ideally, they should be noble and serve the nation. But the reality is that if people in power are grossly underpaid, they will very likely be corrupt. Just look at the vast majority of Latin American, Asian and African countries. You can also look at the political dynamics in our neighbouring Malaysia and Indonesia, where the civil servants are paid a much lower salary. Yet, do you think they are clean? I already have long ago refrained from driving into Malaysia with a singapore-registered car, lest I get carjacked or pulled over by traffic police for "speeding fines". We all know those are euphemism for cops wanting bribes.

Where in the woodwork did you come up with such outlandish figures of 40%??
Has any of the ministars been in any private sector earning much more other than Ng eng hen. I give you all the others have been employed by the govt since they came out of school.so don't talk big here

 

[Kinanna]

Yeah, you think? Vivian should have been fired long ago for blowing the budget of YOG. Then he should have been fired again for rats infestation. Fired again for haze. Shanmu should be fired for not knowing his fact before make public proclamation. Most of the ministars are idiots based on their track records.



So, is sinkapore first world or third world. You keep benchmarking sinkapore with 2nd or 3rd world countries. The US administration is paid 5 times less ...they are doing a decent job, much better than sinkapore. And their jobs are more challenging than that of our ministars.
UK ministers can answer questions in Parliament during Question Period. Our ministars need questions to be submitted 2 weeks in advance and then they go to Parliament and read replies prepared by staff. These ministars can't even answer questions off-the-cuff.
To manage a peesai, they only deserve $200k max and that is only for performers. The current bench should get only $50k.

Or let's compare with the Swiss since the garbramen always tok abt having Swiss cheese std of living. How much are they getting. Or for that matter the German powerhouse sauerkrauts? How much is angela makkel(pun) getting ??

Johnny boy we await your reply

 

[dr.wailing]

The Prime Minister earns $2.2 million and the President earns $1.54 million.

The Prime Ministar also receives multi-million $ remuneration for being the Chairman of GIC. In addition Familee's investments abroad bring in more than LHL's prime ministar's derisory $2.2 million.

 

[soIsee]

I think it's time these ppl are made jobless and let's see what kind of re-employment can they secured based on their so proclaimed talent in a ...

Non PAP run country.

Anyone fathom a guess? LoL

 

[kryonlight]

If DPM Teo is unhappy with his humongous salary, tell him to fuck off from the Parliament and resign from politics. Don't ever take my money again!