Chitchat Salalee of Ministars in Singapore

[Sikodolaukazzz]

You want to be a Ministar in Singapore?
lol

Salaries of the President, Prime Minister, Ministers & MPs in Singapore (Summary)​

• The annual salary of Singapore’s president is $1,540,000
• The annual salary of Singapore’s prime minister (PM) is $2,200,000
• An entry-level minister in Singapore draws a salary of $1,100,000 per year
• An elected member of parliament (MP) earns an allowance of $192,500 per year

The U.S. president receives a salary of $400,000 a year and a $50,000 expense account while in office. Congress added the expense account in 1949. This pays for the president's personal expenses, such as food and dry cleaning.

 

[Sikodolaukazzz]

lol

The Salaries of Ministars in Singapore​

The benchmark salary of an entry-level minister (MR4) in Singapore is $55,000 per month or $1,100,000 per year (including bonuses).

Here’s the formula to calculate the annual salary:

Total Annual Salary for MR4 Minister = Fixed (13 Months of Pay) + Variable (Annual Variable Component + Individual Performance Bonus + National Bonus)

Notes: The benchmark salary consists of a fixed pay of 13 months, 1 month of annual variable component, 3 months of individual performance bonus, and 3 months of the national bonus. In total, 20 months of pay equates to $1,100,000, of which $715,000 is fixed and the rest is variable.

How is the benchmark salary of an entry-level minister (MR4) determined? It is based on the median income of the 1,000 highest-earning Singapore citizens, with a 40 per cent discount to reflect the ethos of political service, according to the Public Service Division’s website.

The salary of an MR4 Minister is an important one because the salaries of other political appointment holders are in ratio to the MR4, reflecting the different roles and responsibilities.

Here are the salaries of different political appointment holders:

Grade	Current Annual Salaries	Ratios Compared with MR4
Prime Minister	$2,200,000	2.00
Deputy Prime Minister	$1,870,000	1.70
MR1 Minister	$1,760,000	1.60
MR2 Minister	$1,540,000	1.40
MR3 Minister	$1,320,000	1.20
MR4 Minister	$1,100,000	1.00
Senior Minister of State	$935,000	0.85
Minister of State	$770,000	0.70
Mayor	$660,000	0.60
Senior Parliamentary Secretary	$572,000	0.52
Parliamentary Secretary	$418,000	0.38

Note: The above salaries are based on the assumption of 1 month of annual variable component, of good individual performance, and that targets for the national bonus are met.

 

[A Singaporean]

Legalised corruption.

 

[syed putra]

Legalised corruption.

Legaluse corruption are the lobbyist who controbute to political party fund raising. The fund both sides. So no matter who wons, they still get their interest looked after. The voters? They die their business.

 

[batman1]

MOST Stupid and ignorant sinkees not interested in the salaries of ministers. They are only interested when they can receive their next batch of CDC Vouchers.

 

[bobby]

Someone should total up all the salaries of gahmen officials..divide it by the total number of citizens and get a figure of how much each official is worth. If want can also throw in the total area size of the country to make it more realistic.

You will find jiakliaobee chobolan and unproductive gahmen.

 

[mahjongking]

dont let all these 'bloated' salaries mislead you.....the real bounty is the billions in crony contracts and undertable money

 

[zhihau]

Altogether now!!! HUAT AH!!!

 

[Scrooball (clone)]

An elected member of parliament (MP) earns an allowance of $192,500 per year

That’s pretty good for doing the job of a building manager

 

[searcher1]

That is just official salary figure available to public
How about the unlimited directorship they are associated with ?
Those salary/dividends are not made known to public

 

[spinn]

lol highest payed in the universe

every buttie in sinkie.land wanna be payed rike them

dats y they keep increasing the prices of every ting

greedflation n shrinkflation is realli driven by them

 

[Sikodolaukazzz]

That is just official salary figure available to public
How about the unlimited directorship they are associated with ?
Those salary/dividends are not made known to public

This question must be directed to whom?
Old Fart Lee