Is the Singapore govt suffering from megalomania?
Straits Times
Jan 26, 2005
House approves increase in President's salary
PARLIAMENT approved an increase in the President's salary and other changes to the Civil List, which specifies his allowances and expenditure on the Istana and personal staff, for the fiscal year 2004.
The salary will be revised to $2,373,100, an increase of $247,100 from the estimated fiscal year 2004 expenditure.
As such, the total expenditure under Class 1 of the Civil List - which includes the President's salary, entertainment allowance and Acting President's allowance - will now be $2,492,700.
The pay raise for the Pres re-opened the old wound that Singaporeans suffered when the govt awarded itself a hefty pay raise to its already astronomical pay (12% to 14% on a salary range of $968,000 to $1.69 million) in Jun 2000.
What angered Singaporeans then was that while the govt officials had their pay freeze lifted, Singaporeans were told to be patient about having their CPF cuts fully restored.
In 2004, the govt again gave itself another pay raise. But this time it did nothing to the restoration of Singaporeans' CPF.
Both these govt pay raises were implemented at a time when many Singaporeans have either lost their jobs or taking home lower pay.
Is the govt suffering from megalomania and think that it is the only one that deserves the high pay and all the increases while its people should remain poor?
Jan 26, 2005
House approves increase in President's salary
PARLIAMENT approved an increase in the President's salary and other changes to the Civil List, which specifies his allowances and expenditure on the Istana and personal staff, for the fiscal year 2004.
The salary will be revised to $2,373,100, an increase of $247,100 from the estimated fiscal year 2004 expenditure.
As such, the total expenditure under Class 1 of the Civil List - which includes the President's salary, entertainment allowance and Acting President's allowance - will now be $2,492,700.
The pay raise for the Pres re-opened the old wound that Singaporeans suffered when the govt awarded itself a hefty pay raise to its already astronomical pay (12% to 14% on a salary range of $968,000 to $1.69 million) in Jun 2000.
What angered Singaporeans then was that while the govt officials had their pay freeze lifted, Singaporeans were told to be patient about having their CPF cuts fully restored.
In 2004, the govt again gave itself another pay raise. But this time it did nothing to the restoration of Singaporeans' CPF.
Both these govt pay raises were implemented at a time when many Singaporeans have either lost their jobs or taking home lower pay.
Is the govt suffering from megalomania and think that it is the only one that deserves the high pay and all the increases while its people should remain poor?
posted by locky2ky at 5:08 PM
1 Comments:
No it is not; it is genuinely beliving that they really practice meritocracy.
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