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Will you accept salary cut???
Prime Minister Lee Hsien Loong says the government plans to accept the recommendations made by the Ministerial Salary Committee, reported Channel NewsAsia (CNA).
In a letter to the committee head Gerard Ee after he had submitted his team’s report, Lee said his government will publish the report as a White Paper, and will initiate a motion in Parliament to use it as a benchmark for setting salaries for political appointment holders,CNA reported.
The Committee has proposed a 36 per cent pay cut for the Prime Minister, a 51 per cent cut for the President and a 37 per cent cut for entry-grade ministers.
These proposed cuts mean the Prime Minister’s annual salary will be cut to $2.2m from $3.07m, the President's will be down to $1.54m from about $4.3m and junior ministers' salaries will be $1.1m, down from $1.58m last year.