World's highest-paid PM gets salary hike of 9%; pledges to donate difference
Singapore’s ministers, who are among the world’s highest-paid government officials, are set to receive their first salary increase in 15 years. Prime Minister Lawrence Wong has justified the increase in pay by stating that it is necessary to attract top talent into politics.Under the revised framework, the benchmark annual salary for a minister at the lowest grade will rise to S$1.8 million (approx Rs 13.5 crores) from S$1.1 million (approx Rs 8.2 crores). The prime minister’s benchmark will increase to S$3.6 million (approx Rs 27 crores) from S$2.2 million (approx Rs 16.5 crores).The increases will not immediately take ministers to those benchmarks. Instead, they will receive a one-time adjustment of up to 9% from October 15, depending on their performance and responsibilities.
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