Thursday, April 17, 2008

Substantial pay raise

'While he has raised a variety of issues in Parliament, Mr Shanmugam has been vocal on the need to pay top dollar for ministers, since the White Paper was tabled in Parliament in 1994 to benchmark ministerial salaries to the private sector.

Last year, Mr Shanmugam spoke up for the policy for the third time in Parliament. “It’s not as if I was speaking for myself … I’ve been willing to take a very substantial pay cut. I’m not sure others will do so,” said Mr Shanmugam.' --- Channel NewsAsia. Reported by Loh Chee Kong, 16 April 2008.

What substantial pay cut?

Pension is a few millions per year for as long as he lives!

So assuming he lives till 85, then after reaching 55 years old, over the next 30 years, he will be paid a total of $x,000,000 *30 = $yz,000,000 in total.

That means he is made a multi-millionaire even after his retirement.

You call that a pay cut? Fine! Find me another job that continues to pay you a few million per year after you have left the job for more than 20 years?

Not only is it not a substantial pay cut, it isn't even a pay cut to begin with. It is a pay raise!

A subtantial pay raise!

And best of all, it is all legal and continuous. It's not like in some other countries, where in some years, they get to keep more corrupt money, and in other years, they get much less. And when they retire and fall out of power, they get nothing. And all these while, they have to worry about being discovered and end up in prison.

Nope. Such illegal, unsteady ministerial income does not exist in Singapore. In Singapore, it's a continuous steady source of income for 30 years after leaving office, and best of all, it's all legal! That's because in Singapore, corruption has been legalised for those in high offices!

Did I also tell you that if he choose not to retire at 55, but to continue working, he will receive both a pension and a salary? i.e. $x,000,000 + $y,000,000! That's what our dear SM and MM and DPM are receiving nowadays - double income!

By the way, why kind of logic is it that if we don't pay top dollar, we cannot attract the best people? Those who are willing to serve without having to be paid top dollar are already, by definition, much better politicians than those who tell you that they will quit their ministerial appointment immediately if their pay are not raised by a million by the end of last year and then again by another million latest by the end of this year and then yet again a milion the next year!

Oh, and by the way again, medical benefits which include 100% free treatment and 100% free stay in first class ward - till death - is a very substantial benefit too, given that as one gets older, one gets to fall sick more. Would Shanmugam receive such substantial benefits, if he were to remain a lawyer instead?

free luxurious car,
free driver,
free body guards,
free first class air travel,
"respect" and bootlicking from everyone in the country,
red carpet treatment everywhere all around the world.
free VIP tour of other countries' tourist spots (next time, when there is a report of MM or SM overseas, go read carefully about the tourist spots they visited eg. camel ride in the desert, tour of yellow mountain in China. Haha!).

The list goes on and on...

Pay cut?

Go cut off your lan ciao lah, Shanmugam!

Yours faithfully,
An unhappy Young Pay-and-Pay member, who is paid only peanuts despite having to lick ass everyday! You had better start paying me more, lest I expose more of your dirty tricks! I can por your larm pa, I can also cut off your balls! So pay us more. Top boot-lickers deserve top salary!

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