PAP low life ..check this out..

[TracyTan866]

After the big cut in 2012, minister salary is not #1 in the world (it's around #3 now), yet few people know and many continue to think so thanks to PAP's own doing of poor selling.

I thought pap salary is still Number 1, way ahead of every other country's

 

[laksaboy]

Minister salaries remain one of the biggest mistakes made by the PAP. If they didn't work so hard to sell so many times to convince people that they deserve high pay, this issue would not have been etched into people's minds. In the end after losing more seats in 2011 and 2013 they still have to "lan lan" cut their own salaries.

After the big cut in 2012, minister salary is not #1 in the world (it's around #3 now), yet few people know and many continue to think so thanks to PAP's own doing of poor selling.

They are still grossly overpaid. The PM should be paid no more than the mayor of a big city in another developed country. And the public sector should be trimmed and its hierarchical structure made more flat.

 

[tanwahp]

I thought pap salary is still Number 1, way ahead of every other country's

Sorry, I mistakenly thought Australia and Hong Kong salaries is by month. It's by year, so you are correct, Singapore is no. 1.

 

[yellowarse]

After the big cut in 2012, minister salary is not #1 in the world (it's around #3 now), yet few people know and many continue to think so thanks to PAP's own doing of poor selling.

Ministerial salaries here are still #1 in the world, by a long way. Entry-level minister still earns more than Obama.

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<header class="entry-header" style="box-sizing: border-box; display: block; ">Singapore ministers world’s highest paid after pay cuts

<time class="entry-time" itemprop="datePublished" datetime="2012-01-04T17:33:59+00:00" style="box-sizing: border-box; ">Wednesday, January 4, 2012</time> By Abhijit Nag

</header>“Even with the 36% pay cut, Prime Minister Lee Hsien Loong will still be one of the highest-paid political leaders in the world with S$2.2 million ($1.7 million, £1.08 million) a year, reports the BBC.

The fact is, not just PM Lee, all Singapore ministers and President Tony Tan will continue to be among the highest paid leaders in the world.

Even an entry-level Singapore minister, after the proposed pay cut, will continue to be paid more than US President Barack Obama.

The Committee to Review Ministerial Salaries headed by Gerard Ee in itsreport proposed:

A Minister at the MR4 grade (i.e. entry-level grade) should be paid an annual salary of S$1,100,000, a cut of 37%. A Minister at the lower end of this grade will start at an annual salary of S$935,000 (about $728,000).

​

In comparison, US President Barack Obama earns about $400,000 a year.

The Committee to Review Ministerial Salaries proposed:

The President’s annual salary should be cut by 51% to $1,540,000. The Prime Minister’s annual salary should be cut by 36% to $2,200,000.

​

Reuters reports:

Despite the pay cut, Lee’s salary will still be three times that of Hong Kong Chief Executive Donald Tsang, the world’s next highest-paid political leader who takes home about $550,000 a year.
Australian Prime Minister Julia Gillard will get about A$480,000 a year under proposals unveiled recently while U.S. President Barack Obama earns about $400,000.

​

Investopedia reported the following were the highest paid leaders in 2010:

1. Lee Hsien Loong (Singapore): $2,183,516
2. Donald Tsang (Hong Kong): $513,245
3. Raila Odinga (Kenya): $427,886
4. Barack Obama (United States): $400,000
5. Nicolas Sarkozy (France): $302,435
6. Stephen Harper (Canada): $296,400
7. Mary McAleese (Ireland): $287,900
8. Julia Gillard (Australia): $286,752
9. Angela Merkel (Germany): $283,608
10. Yoshihiko Noda (Japan): $273,676

There had been some changes since then with a big pay rise on the cards for the Australian Prime Minister Julia Gillard while PM Lee faces a salary cut but will still be paid more than the others. Incidentally, all the highest paid leaders except the Kenyan prime minister represent developed countries that do well on global competitiveness rankings.

The Committee to Review Ministerial Salaries says:

The new salaries are based on our recommendation to benchmark the MR4 Minister’s salary to the median income of the top 1,000 earners who are Singapore citizens and with a 40% discount to signify the ethos and sacrifice that comes with political service. This benchmark is based on a larger pool that does not specify occupations and covers only Singapore Citizens, the pool of talent that our political leaders will be drawn from.
Based on the IRAS Year of Assessment 2011 income data, the new benchmark figure is $1,100,000.

​

PM Lee and some of his cabinet colleagues will receive pension but not President Tan and others under the committee’s proposals.

The committee says:

While we appreciate the reasons for pension payment and note that political appointment holders in other countries do draw a pension, our recommendation is to remove the pension scheme for all political appointment holders, and adopt only the Central Provident Fund system which is the basic retirement scheme for Singaporeans. The CPF payments will be subject to the usual contributions cap.

With this recommendation, political appointment holders appointed on or after 21 May 2011 will not receive any pension. For office holders who were appointed before 21 May 2011, they will have their pension frozen, ie they will only be eligible for pension accrued up to 20 May 2011. The frozen pension will be paid when they step down or retire from office.
​

 

[garlic]

And Uruguay keeps making it to World Cup, with a population smaller than PeeSai... and their GDP real growth rate puts peesai to shame..

Real GDP Growth Rate (%)

Country 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Uruguay -2.5 -1.1 -1.5 -10.5 2.5 10.2 6.8 7 7.4 8.9 2.9 8.5 5.7

 

[oli9]

The idea of paying high salary for serving a nation comes to a low life bastardo who equates low pay=no dignity. Fark that bastard who said that. May he live forever!!!!