Saw this on a blog. Quite true....
Mindboggling numbers, mindboggling salaries
Just wanted to add this - to put things in perspective.
You see, each term of parliament is 5 years, until parliament is
dissolved for the next elections. So, it is quite right to say that
each minister sits for a term of 5 years. Now, lets do some simple
calculations, since most of us are just ordinary, non-elite
laymen/women.
Say, minister As salary is increased from $1.2m to $2.2 million
per year.
He sits for 5 years.
Simple maths: $2.2m X 5 = $11 million.
In one term, minister A gets $11 million.
How many minister do we have in the govt? Lets take a peek at the
govt website. We have 18 full ministers and I assume (as far as I
can make out) we have 14 ministers of state.
That makes it 32 ministers altogether.
Lets say each has an average of just $2 million. (Some like MM, SM
& PM may have higher and some lower. So lets average it out at
$2mil a piece.)
That will give you: 32 X $2m = $64 mil
$64 million for 32 ministers for one year.
Thats double the amount in the 90s when Goh Chok Tong famously
declared that his govt was cheap at only $34 mil, or 5 plates of
char kway teow.
But look again! Thats just for one term! How much for a 5 year
term for all these 32 ministers?
Simple maths again: (32 X $2m) X 5 =
$320 million!
Let me repeat:
$320,000,000.00
So, you can roughly imagine how much a minister who sits for 4, 5
terms have received or will receive.
*The above is a rough estimate, of course. But
still
mindboggling
.. No where else on the planet
or in the
universe
. And oh, how much are they giving to our old and elderly
on public assistance?
Oh yes
.
$290.00 per month.
Staying Together, Moving Ahead, anyone?
