Cars08 1st Gear January 4, 2012 Share January 4, 2012 (edited) Dunno if this is for real from yahoo web...man....u think it is a good suggestion? The Ministerial Salary Review Committee has proposed a 28% pay cut for PM, 31% for entry level ministers and 51% for the President. Pensions to also be done away with... Edited January 4, 2012 by Cars08 ↡ Advertisement Link to post Share on other sites More sharing options...
Jman888 Moderator January 4, 2012 Share January 4, 2012 next time please quote the information! Wage cuts between 36 and 53% recommended for political appointments Posted: 04 January 2012 1208 hrs SINGAPORE: The Review Committee, appointed by the Prime Minister to look at Ministerial salaries, has recommended cuts of between 36 and 53 per cent. This was disclosed by Committee Chairman, Gerard Ee, on Wednesday at a news conference. The Committee was appointed after the general election in May last year, and had submitted its report to the Prime Minister on December 30. Prime Minister Lee Hsien Loong had announced the review at the swearing-in ceremony of the new cabinet in May last year. Among the recommendations made are the Prime Minister's annual salary to be cut by 36 per cent, to S$2.2 million. The annual salary of ministers will be cut by 37 per cent, to S$1.1 million. The President's annual salary is reduced by 51 per cent, to S$1.54 million. The Speaker of Parliament will see the biggest percentage cut of 53 per cent, to S$550,000. The Committee also recommended changes to bonus payments, pensions and benefits under the new pay structure. The new salary will be backdated to 21 May last year, when the new government took office. MPs will debate the report when Parliament sits for a second session 16 January. Parliament's first sitting for this year will be on 9 January. It's expected to focus on several questions tabled on the recent flooding and the spate of MRT disruptions. - CNA/ck Link to post Share on other sites More sharing options...
Jman888 Moderator January 4, 2012 Share January 4, 2012 Govt intends to accept recommended wage cuts : PM Lee By S Ramesh | Posted: 04 January 2012 1216 hrs SINGAPORE: Prime Minister Lee Hsien Loong said the government intends to accept the recommendations of the Committee set up to review the salaries of political appointment holders. The Committee's report is entitled "Salaries for a Capable and Committed Government." Replying to Mr Gerard Ee following the submission of his team's report, Mr Lee said the government will publish the report as a White Paper and move a motion in Parliament on 16 January to adopt it as a basis for setting political salaries. In his letter, the Prime Minister stressed that the issue of salaries is a complex and difficult one, with major implications for the future of Singapore. Mr Lee said he's grateful the Committee has invested the time to undertake a comprehensive and careful review, based on fundamental principles and the long term interests of the country. The Committee has also sought and considered a wide range of feedback from Singaporeans, with diverse views and expectations, and the final recommendations have benefited from these inputs, as well as the experience and judgement of the committee members. Mr Lee noted that the committee had to strike a balance between attracting capable and committed leaders of integrity, strengthening links with the country's socio-economic progress and reinforcing the ethos of political service. - CNA/ck Link to post Share on other sites More sharing options...
Jman888 Moderator January 4, 2012 Share January 4, 2012 (edited) the new president pay cut by half, must be [furious] can ask the prata man cough out his pay for past 12 years? Edited January 4, 2012 by Jman888 Link to post Share on other sites More sharing options...
Mockngbrd Supersonic January 4, 2012 Share January 4, 2012 ERP/GST/MRT/minimum sum/etc etc sure go up liao Link to post Share on other sites More sharing options...
Cars08 1st Gear January 4, 2012 Author Share January 4, 2012 Thanks..i only saw a small caption from yahoo web.... So sporeans will vote MIW in 2016 given this change n MIW will hv a higher change to capture higher numbers of votes? Link to post Share on other sites More sharing options...
Zniper 2nd Gear January 4, 2012 Share January 4, 2012 wayang wayang... start of 2012 start to wayang... well done!!! Link to post Share on other sites More sharing options...
Cars08 1st Gear January 4, 2012 Author Share January 4, 2012 I think this is a very good move given that so many ppl r unhappy abt ministerial salaries... Link to post Share on other sites More sharing options...
JackRabbit 3rd Gear January 4, 2012 Share January 4, 2012 EVEN WITH PAYCUT, WE ARE STILL THE TOP 20 out of 20 HIGHEST PAID POLITICIANS IN THE WORLD! YOU STILL LOSE TO US, BARRACK OBAMA!!! Link to post Share on other sites More sharing options...
Rainbowbiatch 6th Gear January 4, 2012 Share January 4, 2012 the new president pay cut by half, must be [furious] can ask the prata man cough out his pay for past 12 years? dun matter. always preferred prata than waxy hair. Link to post Share on other sites More sharing options...
Jman888 Moderator January 4, 2012 Share January 4, 2012 - Minister salary will benchmark against the top 1000 worker's salary and discounted by 40%. - Bonus will be linked to average worker salary, low income group increment, employment rate, and GDP. - Do away with pension system 新架构下，部长的MR4级起点的薪金指标，将以新加坡首1000名最高薪者的中位数薪金，打40％折扣为标准。 今后，部长花红将与与国人收入中位数、低收入阶层实际收入的涨幅，失业率及国家经济表现挂钩。 委员会也建议，2011年5月21日起，终止奉行多年的部长养老金制度。 Link to post Share on other sites More sharing options...
Vega Turbocharged January 4, 2012 Share January 4, 2012 next time please quote the information! Wage cuts between 36 and 53% recommended for political appointments Posted: 04 January 2012 1208 hrs SINGAPORE: The Review Committee, appointed by the Prime Minister to look at Ministerial salaries, has recommended cuts of between 36 and 53 per cent. This was disclosed by Committee Chairman, Gerard Ee, on Wednesday at a news conference. The Committee was appointed after the general election in May last year, and had submitted its report to the Prime Minister on December 30. Prime Minister Lee Hsien Loong had announced the review at the swearing-in ceremony of the new cabinet in May last year. Among the recommendations made are the Prime Minister's annual salary to be cut by 36 per cent, to S$2.2 million. The annual salary of ministers will be cut by 37 per cent, to S$1.1 million. The President's annual salary is reduced by 51 per cent, to S$1.54 million. The Speaker of Parliament will see the biggest percentage cut of 53 per cent, to S$550,000. The Committee also recommended changes to bonus payments, pensions and benefits under the new pay structure. The new salary will be backdated to 21 May last year, when the new government took office. MPs will debate the report when Parliament sits for a second session 16 January. Parliament's first sitting for this year will be on 9 January. It's expected to focus on several questions tabled on the recent flooding and the spate of MRT disruptions. - CNA/ck Didnt know this CBL post can earn so much!! Link to post Share on other sites More sharing options...
Jman888 Moderator January 4, 2012 Share January 4, 2012 I think this is a very good move given that so many ppl r unhappy abt ministerial salaries... recession is here, they have to cut ANYWAY! Link to post Share on other sites More sharing options...
Mockngbrd Supersonic January 4, 2012 Share January 4, 2012 their salary kenna cut, sure got ways to make back frum us one. Link to post Share on other sites More sharing options...
Jman888 Moderator January 4, 2012 Share January 4, 2012 Didnt know this CBL post can earn so much!! the 'stick' that he carry into the parliament is quite heavy [laugh] Link to post Share on other sites More sharing options...
Vega Turbocharged January 4, 2012 Share January 4, 2012 the 'stick' that he carry into the parliament is quite heavy [laugh] he dont carry the stick hor. its the ahmad that carry the stick. all he does is knock his head to those bow to him and keep track of his stop watch. Link to post Share on other sites More sharing options...
Vid Hypersonic January 4, 2012 Share January 4, 2012 http://www.straitstimes.com/The-Big-Story/...ory_751693.html What do you think? Enough? Not enough? Link to post Share on other sites More sharing options...
Gukubird Neutral Newbie January 4, 2012 Share January 4, 2012 ERP/GST/MRT/minimum sum/etc etc sure go up liao And more MP sitting on more board of director on more GLC, TLC and whatever companies. Will they be corrupted easily now? ↡ Advertisement Link to post Share on other sites More sharing options...
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