Singapore ministers, among world’s highest paid government officials, get first raise in 15 years
KUALA LUMPUR, Malaysa (AP) — Singapore’s ministers, already among the world’s highest paid, are getting a raise for the first time in 15 years, Prime Minister Lawrence Wong said, explaining the government cannot attract top…
Singapore's Prime Minister Lawrence Wong announced on Tuesday that ministers, who are among the world's highest-paid government officials, will receive their first raise in 15 years. The benchmark annual pay for a minister at the lowest grade will increase from 1.1 million Singapore dollars ($868,330) to 1.8 million Singapore dollars ($1.42 million), while the prime minister's benchmark salary will rise from 2.2 million Singapore dollars ($1.7 million) to 3.6 million Singapore dollars ($2.8 million).
The one-time adjustment, which will begin on October 15, will be up to 9% based on performance and responsibilities, with most ministers at the lowest grade expected to earn about 1.35 million Singapore dollars ($1.06 million) by the end of the current term. Wong emphasized that the government cannot attract top talent into politics if salaries remain unchanged and that the salary increase is necessary to maintain a clean government.
Brief written by urgent.news from Associated Press's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
