No rise in ministers' salaries in last 3 years
SALARIES for ministers have not gone up in the last three years, even as the benchmark they are linked to has risen by around 3 per cent per year over that period, Deputy Prime Minister Teo Chee Hean told Parliament yesterday.
The House had, in 2012, endorsed recommendations from an independent committee to link ministerial salaries to the median income of the top 1,000 earners who are Singaporean citizens, with a 40 per cent discount to reflect the ethos of political service.
Since then, this benchmark has risen in two out of three years, and dropped slightly in one year. Overall, it rose 3 per cent per year, said Mr Teo.
"Because the changes in the benchmark have been moderate, we have not adjusted political salaries in these past three years," he said.
Based on the latest figures, the benchmark salary for a minister at entry "MR4" grade, inclusive of bonuses, should be $1.2 million per year, but the Government has kept it at $1.1 million - the 2012 level, he added.
The Prime Minister earns $2.2 million and the President earns $1.54 million.
In 2012, Parliament also endorsed doing away with pensions for politicians.
Mr Teo was speaking during the debate over the budget for the Prime Minister's Office.