Someone actually asks me this question, how much salary would I ask for if I become a minister. I was stunt at first because I have never thought of becoming a minister in the first place. After recomposing myself, I answered $150,000 per year.
How do I arrive this figure? Some rich guy told me that his girlfriend told him $150K per year is just average pay.
Anyway, the idea is that minister could well live pretty comfortably with $150K because they enjoy many other perks. $150K is about 5 times of average income for layman. If compare to the lowest 10% percentile, this amount is about 15 times of their average annual income.
The pay of ministers should not be more than 20 times of the average of the lowest 10 percentile. That is my view.
Goh Meng Seng