Ministerial pay review committee submits report to PM Lee
- Thread starter ipoh-horfun
- Start date
Re: Ministerial pay review committee submits report to PM Lee
pat on the hand and then use new KPIs to determine their remuneration?
i wonder how many more months and breakdowns would the garmen need for the SMRT issue committee to investigate, ages like this one?
pat on the hand and then use new KPIs to determine their remuneration?
i wonder how many more months and breakdowns would the garmen need for the SMRT issue committee to investigate, ages like this one?
Re: Ministerial pay review committee submits report to PM Lee
It will be another wayang show. There is no objectivity and independence when the review commttee and gerard ee are all closely tied to the corrupt ministers.
The feedback from the ground level and grass roots is that anything less than a 50% cut is not substantive.
And any cuts they implement upfront in the salary can be restored in the back pocket via bonuses. So there is absolutely no transparency and accountability.
It will be another wayang show. There is no objectivity and independence when the review commttee and gerard ee are all closely tied to the corrupt ministers.
The feedback from the ground level and grass roots is that anything less than a 50% cut is not substantive.
And any cuts they implement upfront in the salary can be restored in the back pocket via bonuses. So there is absolutely no transparency and accountability.
ipoh-horfun;723573 said:
ipoh-horfun
Well-Known Member
Re: Ministerial pay review committee submits report to PM Lee
I am actually very up-set that even Singapore power bills also have to increase.
Cant wash car as much as i like liao.
I am actually very up-set that even Singapore power bills also have to increase.
Cant wash car as much as i like liao.
ipoh-horfun
Well-Known Member
Re: Ministerial pay review committee submits report to PM Lee
no need. i just bath lesser, then can wash f10.
MW;723727 said:
no need. i just bath lesser, then can wash f10.
ipoh-horfun
Well-Known Member
Re: Ministerial pay review committee submits report to PM Lee
SINGAPORE (Dow Jones)--A Singapore government-appointed committee has
recommended sizeable pay cuts for the city-state's political leaders
including the prime minister, government ministers and lawmakers.
Prime Minister Lee Hsien Loong could take a 28% cut to his annual salary,
reducing it to S$2.2 million, while junior government ministers might see
their yearly pay reduced by 31% to S$1.1 million, according to a report
published Wednesday by the committee.
President Tony Tan--who holds a mostly ceremonial post--may see his annual
salary slashed by 51% to S$1.54 million, the report said, adding that most
elected lawmakers could take a 3% cut, reducing their yearly wages to S
$192,500.
Singapore government leaders are among the best paid globally, a fact that
has stirred public disquiet in recent years. High ministerial salaries and
rising income inequality, among other issues, contributed to the ruling
People's Action Party taking in the May 2011 general election its
narrowest victory since Singapore became a nation in 1965.
In response, Prime Minister Lee set up the committee weeks after the
elections to review political salaries, and said the government will base
new salaries on its recommendations.
The committee also suggested changes to pay structures for elected
officials and certain political appointees, which include adjusting the
formulae for calculating ministerial pay and bonuses, and removing certain
pensions and allowances currently granted to ministers.
Parliament will debate the report's findings later this month. If
accepted, the new pay structures will be backdated to May 21, 2011,
although Singapore's government leaders will still rank among the highest
paid world-wide.
SINGAPORE (Dow Jones)--A Singapore government-appointed committee has
recommended sizeable pay cuts for the city-state's political leaders
including the prime minister, government ministers and lawmakers.
Prime Minister Lee Hsien Loong could take a 28% cut to his annual salary,
reducing it to S$2.2 million, while junior government ministers might see
their yearly pay reduced by 31% to S$1.1 million, according to a report
published Wednesday by the committee.
President Tony Tan--who holds a mostly ceremonial post--may see his annual
salary slashed by 51% to S$1.54 million, the report said, adding that most
elected lawmakers could take a 3% cut, reducing their yearly wages to S
$192,500.
Singapore government leaders are among the best paid globally, a fact that
has stirred public disquiet in recent years. High ministerial salaries and
rising income inequality, among other issues, contributed to the ruling
People's Action Party taking in the May 2011 general election its
narrowest victory since Singapore became a nation in 1965.
In response, Prime Minister Lee set up the committee weeks after the
elections to review political salaries, and said the government will base
new salaries on its recommendations.
The committee also suggested changes to pay structures for elected
officials and certain political appointees, which include adjusting the
formulae for calculating ministerial pay and bonuses, and removing certain
pensions and allowances currently granted to ministers.
Parliament will debate the report's findings later this month. If
accepted, the new pay structures will be backdated to May 21, 2011,
although Singapore's government leaders will still rank among the highest
paid world-wide.
Re: Ministerial pay review committee submits report to PM Lee
not bad but i only see head honcho and newbies pay kena slashed.
what abt the bulk of the middle management Ministers? they form quite a big segment.....dun see anything on that.
lastly, poor Tony....i feel u man
not bad but i only see head honcho and newbies pay kena slashed.
what abt the bulk of the middle management Ministers? they form quite a big segment.....dun see anything on that.
lastly, poor Tony....i feel u man
Re: Ministerial pay review committee submits report to PM Lee
PM to be paid $2.2 million and pwesident $1.54m.
Jan. 4 (Bloomberg) -- Singapore will cut salaries for its prime minister and other top office holders following a government-appointed panel’s recommendations.
Singapore to Cut Ministerial Salaries on Review - Bloomberg
PM to be paid $2.2 million and pwesident $1.54m.
Jan. 4 (Bloomberg) -- Singapore will cut salaries for its prime minister and other top office holders following a government-appointed panel’s recommendations.
Singapore to Cut Ministerial Salaries on Review - Bloomberg
ipoh-horfun
Well-Known Member
Re: Ministerial pay review committee submits report to PM Lee
51% to S$1.54 million ... and u feel him liao ?
51% to S$1.54 million ... and u feel him liao ?
Re: Ministerial pay review committee submits report to PM Lee
PM's pay should not be cut cos I think he does the most work and get thanked the least. LHL's job is not easy. So was GCT's whose hair turned white in a few years and had to dye it black until he stepped down and boh chap liao. LHL's hair also going to be all white.
I am all FOR EP's pay cut but 51% is still not enough. Should only get 1/4 of the previous pay. 700k is more than enough for waving hands at NDP and hosting picnics at Istana
PM's pay should not be cut cos I think he does the most work and get thanked the least. LHL's job is not easy. So was GCT's whose hair turned white in a few years and had to dye it black until he stepped down and boh chap liao. LHL's hair also going to be all white.
I am all FOR EP's pay cut but 51% is still not enough. Should only get 1/4 of the previous pay. 700k is more than enough for waving hands at NDP and hosting picnics at Istana
