> The terms and conditions of the ministerial pay review do not include a
> review of the bonus and the pension of the ministers. It will only review
> the pay of the ministers.
> So there are loopholes for the PM to outrageously reward his ministers
> without the public knowing anything about it. There are rumours that last
> year some ministers got 30 months bonuses. We will never know the truth
> unless the PM reveals it to us. So even if the ministerial pay is cut to
> $1
> million a year, the PM can still jerk up the amount his ministers get by
> giving them huge bonuses. There is nothing to stop the PM from giving his
> ministers up to $10 million or even $100 million as bonus like those
> American banks rewarded their CEOs.
> The the base salary on which the ministerial pension is set is also up to
> the PM to decide. The PM can still base the pensionable portion on the old
> salary. There is nothing to prevent him from doing that and the public
> will
> not know it either.
> So Singaporeans should be vigilant. The ministerial pay review may cut the
> salary of the ministers but the PM can still reward them big time without
> the public knowing.
> This is the kind of loopholes which LKY and his pap is very good in
> creating
> to deceive the public.
> They can always pay 60 months bonus to themselves. Trust no one.
Yes. No salary, but each will get 12 month bonuses base on their last drawn
salaries. This will amount to a LanPar-ParLan pay review :)
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