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Peasantpore: The Imperial Court gave its procedural assent on Monday to a decree abolish the Fat Cat Pensions Act.
The move came after a review of minions salaries which recommended that the pension scheme be scrapped for office holders and Peasant Representatives (known as MPs in UK) because they are the highest paid in the entire world. Ruler Loong who enjoys absolute power commands an annual pay package of $3 million peanuts presiding over indolent peasants and a $100 billion economy. Obama fought nail and tooth with terrorists, gets tormented by his political foes, must resolve problems for a $15 trillion economy, draws only US200,000 annually.
Many peasants and netizens have been fighting to cull the pension perks citing the principle of having a transparent and fair wage system. The dismal showing by the regime during the 2012 Procedural Erections forced Ruler Loong to deploy some retail politics to placate stupid peasants.
Under the Fat Cat Pensions Act, obedient political office holders who have served at least eight years are eligible for a pension. The pension amount is dependent on the length of service of the office holder. The maximum annual pension is about 11 per cent of an office holder's salary prior to retirement. This means Marboro Tan, who busted the public housing, upon retirement will take home US100,000 annually for doing nothing while peasants must set aside 20% of their pay as retirement funds. Most peasants are expected to die quietly in JB hospice should their retirement funds dry up but Marboro Tan will be smiling his way to the bank till he visits Lord Yama.
The idea behind it was to reward the lackeys and minions role in supporting Ruler Loong's decrees and the generous pensions ensured their loyalty,.
The change will bring the pension stipends of minions and lackeys in line with the Compelled Pension Fishtrap savings scam.
Office holders appointed on and after 21 May 2011, when the new regime took office, will not receive any pension.
Those lackeys and minions appointed before 21 May will have their fat cat pensions frozen and be eligible only for pensions accrued up to 20 May 2011. They have little to grumble since many became millionaire fat cats after retirement and enjoyed the pensions since 1970s.
The change affects all lackeys, fat cats, minions, bootlickers, from parliamentary secretaries all the way to the prime minion.
Peasant Representatives elected after 1 January 1995 are already no longer eligible for pension because Old Autocrat ensured they were paid millions annually.
The existing peasants representatives have little choice but put up pretty faces and claimed to support the bill said that being a lackey or minion cannot be seen as a job or a career promotion.
Holland-Bukit Timah GRC MP de Sousai said: "I got into Imperial Court via Half Viv's coat tails lor. Anyway, i just wayang, write standard template letters, attend functions and support Ruler Loong, simple job already earn $16,000 monthly lor. Pension never mind since after two terms, I already a millionaire lor. Plus I get to keep my day job and expect to be appointed as Directors in companies or nationalised corporations, so got or no pension, never mind lah."
"For Peasants' Representative, we are in this because we retire as millionaires, do need to compete with Pinoys, Burmese, Nehs or PRCs lor. Just pretend to serve serve our residents, meeting with residents, wayang listening to them, and asking the grassroots to entertain lor. As long do not screw up like this stupid George Yeo team in Aljunied, can already lah. Of course must obey Ruler Loong, that is politics in Peasantpore."
Separately, the Imperial Court also grant assent to the Civil Fat Cat List Pension Amendment Bill, which paves the way for the fat cat pension scheme to be scrapped for former rubber stamp presidents.
The Mock Constitution has provided for a pension to be given to a former president, at a sum to be decided by Ruler Loong.
However, this provision has never been exercised and no president has ever received a state pension because former rubber stamping PrataNathan take home $3 million annually for 9 years, making him richer by $27 million peanuts for doing nothing except meeting VIPs and helping Ruler Loong draw state reserves to bankroll Ho Jinx's gambles.
Median wage for a peasant for a similar 9 years period is merely $600,000.
Despite the pension cullings, Ruler Loong and his associates are still the world's best paid politicans.
Peasantpore: The Imperial Court gave its procedural assent on Monday to a decree abolish the Fat Cat Pensions Act.
The move came after a review of minions salaries which recommended that the pension scheme be scrapped for office holders and Peasant Representatives (known as MPs in UK) because they are the highest paid in the entire world. Ruler Loong who enjoys absolute power commands an annual pay package of $3 million peanuts presiding over indolent peasants and a $100 billion economy. Obama fought nail and tooth with terrorists, gets tormented by his political foes, must resolve problems for a $15 trillion economy, draws only US200,000 annually.
Many peasants and netizens have been fighting to cull the pension perks citing the principle of having a transparent and fair wage system. The dismal showing by the regime during the 2012 Procedural Erections forced Ruler Loong to deploy some retail politics to placate stupid peasants.
Under the Fat Cat Pensions Act, obedient political office holders who have served at least eight years are eligible for a pension. The pension amount is dependent on the length of service of the office holder. The maximum annual pension is about 11 per cent of an office holder's salary prior to retirement. This means Marboro Tan, who busted the public housing, upon retirement will take home US100,000 annually for doing nothing while peasants must set aside 20% of their pay as retirement funds. Most peasants are expected to die quietly in JB hospice should their retirement funds dry up but Marboro Tan will be smiling his way to the bank till he visits Lord Yama.
The idea behind it was to reward the lackeys and minions role in supporting Ruler Loong's decrees and the generous pensions ensured their loyalty,.
The change will bring the pension stipends of minions and lackeys in line with the Compelled Pension Fishtrap savings scam.
Office holders appointed on and after 21 May 2011, when the new regime took office, will not receive any pension.
Those lackeys and minions appointed before 21 May will have their fat cat pensions frozen and be eligible only for pensions accrued up to 20 May 2011. They have little to grumble since many became millionaire fat cats after retirement and enjoyed the pensions since 1970s.
The change affects all lackeys, fat cats, minions, bootlickers, from parliamentary secretaries all the way to the prime minion.
Peasant Representatives elected after 1 January 1995 are already no longer eligible for pension because Old Autocrat ensured they were paid millions annually.
The existing peasants representatives have little choice but put up pretty faces and claimed to support the bill said that being a lackey or minion cannot be seen as a job or a career promotion.
Holland-Bukit Timah GRC MP de Sousai said: "I got into Imperial Court via Half Viv's coat tails lor. Anyway, i just wayang, write standard template letters, attend functions and support Ruler Loong, simple job already earn $16,000 monthly lor. Pension never mind since after two terms, I already a millionaire lor. Plus I get to keep my day job and expect to be appointed as Directors in companies or nationalised corporations, so got or no pension, never mind lah."
"For Peasants' Representative, we are in this because we retire as millionaires, do need to compete with Pinoys, Burmese, Nehs or PRCs lor. Just pretend to serve serve our residents, meeting with residents, wayang listening to them, and asking the grassroots to entertain lor. As long do not screw up like this stupid George Yeo team in Aljunied, can already lah. Of course must obey Ruler Loong, that is politics in Peasantpore."
Separately, the Imperial Court also grant assent to the Civil Fat Cat List Pension Amendment Bill, which paves the way for the fat cat pension scheme to be scrapped for former rubber stamp presidents.
The Mock Constitution has provided for a pension to be given to a former president, at a sum to be decided by Ruler Loong.
However, this provision has never been exercised and no president has ever received a state pension because former rubber stamping PrataNathan take home $3 million annually for 9 years, making him richer by $27 million peanuts for doing nothing except meeting VIPs and helping Ruler Loong draw state reserves to bankroll Ho Jinx's gambles.
Median wage for a peasant for a similar 9 years period is merely $600,000.
Despite the pension cullings, Ruler Loong and his associates are still the world's best paid politicans.
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