Tuesday 17 January 2012

Worker Party Ministerial Salary Proposal

The debate on the proposal for ministerial salary review is over and to nobody surprises, it was passed in parliament due to PAP overriding numerical superiority in voting members in parliament.

Both Chen Show Mao and Gerard Giam put up a spirited performance on the first day that clearly illustrated that they had done their homework thoroughly on the issue. It is good to see after so many years that an opposition party (despite its small numerical number) able to engage and surpass the PAP in a parliamentary debate in key areas of substance, poise and delivery.

If you watch the video, CSM’s eloquence, logic and persuasiveness will rank head and shoulder above most PAP ministers.

Below are a few tables that encapsulate the differences between the WP and the Gerard Ee’s committee proposals.


Monthly Pay Proposed By Committee and WP




Commitee
WP
MP
$14,807
$11,000
MR4
$55,000
$55,000
PM
$110,000
$99,000



No Bonus Scenario (13 months for both Committee and WP Proposals)




2010 Actual
Total Pay
Committee
Proposed Pay
Committee
Proposed Cut
WP
Proposed Pay
WP
Proposed Cut
MP
$199,200
$192,500
3%
$143,000
28%
MR4
$1,583,900
$715,000
55%
$715,000
55%
PM
$3,072,200
$1,430,000
53%
$1,287,000
58%



Typical Bonus Scenario (20 months for Committee, 15.5 months for WP Proposals)




2010 Actual
Total Pay
Committee
Proposed Pay
Committee
Proposed Cut
WP
Proposed Pay
WP
Proposed Cut
MP
$199,200
$192,500
3%
$143,000
28%
MR4
$1,583,900
$1,100,000
31%
$852,500
46%
PM
$3,072,200
$2,200,000
28%
$1,534,500
50%



Maximum Bonus Scenario (26.5 months for Committee, 18 months for WP Proposals)




2010 Actual
Total Pay
Committee
Proposed Pay
Committee
Proposed Cut
WP
Proposed Pay
WP
Proposed Cut
MP
$199,200
$192,500
3%
$143,000
28%
MR4
$1,583,900
$1,457,500
8%
$990,000
37%
PM
$3,072,200
$2,915,000
5%%
$1,782,500
42%


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