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Old 14-12-2007, 05:27 PM
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Default Pay Rise For Government Leaders

The government has announced the planned 2nd round of pay increase for Administrative Service officers (see this too), and political, judicial and statutory appointment holders.

The increase will take effect from Jan 1, 2008.

New Monthly Pay

- The President will receive $119,520 per month, up from $104,840 currently (14% increase).
- The Prime Minister will receive $115,920 per month, up from $101,680 currently (also 14% increase).
- Ministers and senior permanent secretaries at MR4 grade will receive $59,760 per month, up from $52,420 currently (also 14% increase).
- Administrative officers at SR9 superscale grade will receive $18,240 per month, up from $17,530 currently (4% increase).
- Members of Parliament (who may also run businesses and hold other full-time jobs) will receive an allowance of $13,710 per month, up from the current $13,200 (3.9% increase).

New Annual Pay

If bonuses are included, the annual pay can be more than 12 times that of the monthly pay. These are the announced new annual pay:

- President - $3,870,000 (21.43% up from the current $3,187,100)
- Prime Minister - $3,760,000 (21.64% up from the current $3,091,200)
- Ministers/Snr Perm Sects - $1,940,000 (21.74% up from the current $1,593,500)
- AOs at SR9 grade - $398,000 (3.65% up from the current $384,000)
- Member of Parliaments - $225,000 (4.02% up from the current $216,300)

The government will make further pay adjustments next year (2008).

http://www.salary.sg/2007/pay-rise-f...nment-leaders/

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