Minggu, 22 Mei 2011

The Politicians' Salary Charade

RE: New ministerial pay effective from 21 May

If you have not already heard, the Prime Minister has appointed Gerard Ee to head a committee "to review the basis and level of salaries for the President, Prime Minister, political appointment holders and Members of Parliament to help ensure honest and competent government."

In other words, after this exercise and regardless of its outcome, you can't say the politicians made the decision to pay themselves a lot of money anymore.

What I don't understand is why this exercise is not via a full-scale public consultation exercise, but through a small group of individuals handpicked by the politicians.
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Personally, I don't feel strongly about the 'high' ministers' salaries per se.

And I think many Singaporeans feel the same too, i.e. they do not have a problem with the million-dollar salaries as long as the politicians deliver results which are close to the hearts of Singaporeans.

It's even okay to pay the Prime Minister even more, e.g. S$5million (higher than the current S$3.Xmillion), if he can deliver in the next 5 years a Singapore where the principle of Singaporeans First is applied to jobs, education, healthcare, housing etc at first world standards.

But it's not okay to pay a lousy Minister (of State), Parl Sec, MP etc even $5 for delivering nothing, overspending national budget, making excuses about gross mistakes etc.
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As for the allowance of Members of Parliament, I think the committee ought to consider the following:

There should be 2 types of Members of Parliament.

(A) Full-Time Member of Parliament
The full-time MP is paid a fixed allowance in his first term. Should he be re-elected, he should be eligible for an increment.

The fixed annual allowance is pegged to the 90th percentile of personal income in Singapore, roughly about S$180k per annum or $15k per month.

(B) Part-Time Member of Parliament
The part-time MP's allowance should in-principle only be at 0.5 times of that candidate's current day job salary, and between a base (e.g 50th percentile of personal income in Singapore at $53k per annum or $4.4k per month) to max cap (e.g. 50% of the full-time MP's allowance, i.e. S$7.5k).

This is to avoid a situation where the MP system is abused to increase his/her income obscenely. See examples below. Day job monthly salary figures ought to be that on Nomination Day. The examples below are made up.

If he/she decides
to be
Part-Time MP
Current MP Allowance System
Blinkymummy’s
Proposed MP Allowance System
Tin Pei Ling
Day Job monthly salary = $4.5k

MP monthly allowance = $15.0k
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Total Monthly Income = $19.5k
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Total change = +333%


Day Job monthly salary = $4.5k

MP monthly allowance = $4.4k
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Total Monthly Income = $9.9k
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Total change = +98%
Dr Janil Puthucheary
Day Job monthly salary = $20.0k

MP monthly allowance = $15.0k
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Total Monthly Income = $35.0k
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Total change = +75%
Day Job monthly salary = $20.0k

MP monthly allowance = $7.5k
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Total Monthly Income = $27.5k
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Total change = +38%

Office Holders, i.e. MPs who are made Ministers, Ministers of State, Parl Secs etc, should only be drawing a part-time MP allowance, as they hold a full-time day job.

While the cut-off amounts can be further refined, I'm sure MPs who are really serving the people with their hearts, and not to fatten their own bank accounts, will not reject the principles of my proposal. =)

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