More justfication to inflate an already exhorbitant minister's pay:
PDS dispels myths on ministers, civil servants pay
It responds to public's misperceptions of civil service salaries, perks and pensions Apr 2, 2007
AsiaOne The salaries of Singapore's ministers and top civil servants have fallen to 55 per cent of the benchmark compared to private sector, and they should be earning $2.2 million, according to the Public Service Division.
Their current salary of $1.2 million is an all-inclusive package covering bonues, and one-third of this package is currently variable.
The PSD disclosed these in response to readers' letters to The Straits Times and online comments on the pay, perks and pensions of ministers and top civil servants, after Prime Minister Lee Hsien Loong said at the annual Administrative Service dinner on March 22, that public service salaries had fallen behind the public sector.
Details of salary changes across the civil service will be announced in Parliament on April 9.
The salaries of ministers and top civil servants are pegged at two-thirds of the median income of the top eight earners in each of six professions.
Despite the current salary shortfall, some Singaporeans have questioned if there were hidden benefits not listed as part of the salary, which would make make the civil servants' position better than it seemed.
The PSD said the figure of $1.2 million is the maximum amount they can receive, since it includes all bonuses and variable component. About one-third of this annual salary package is variable and depends on the minister or civil servant's performance as well as Singapore's economic situation, it told The Straits Times.
On pensions, the PSD said these are not calculated based on total annual salary packages, and that currently only about half of a minister's montly salary is pensionable.
And contrary to popular belief, ministers do no receive perks like free certificates of entitlement (COEs) or a waiver on maid levies and taxes, said the PSD.
Labour chief Lim Swee Say, commenting on the proposed pay rise, said it is in the workers' interest as it ensures the Government will continue to attract the top talent.
Only with good leaders would Singapore remain afloat in an increasingly competitive global economy, which in turn ensures workers will continue to have jobs, said Mr Lim.