To begin with our so-called talent-attracting and
corruption-avoiding benchmarking of ministers to the private sector
was flawed.
Ministers simply are not business bosses or CEOs who have put in
the whole efforts including their personal own monies to build up
going-concerns.
They are not in that category but by a clever twist of argument it
looks like the ministers in Singapore are comparable to business
people and should take their kind of rewards.
Singapore in order to attract talents and avoid corruption could
have simply followed the strictly wage-remuneration system for this
category and benchmarked their salaries to that of equally
successful countries of equivalent size and complexities like
Korea, Finland ..If our Ministers are benchmarked to those
ministers' pay in Japan their salaries would have been
inflated.
Why no one debated the ministers' salary increments and life-long
pensions at two-third of last drawn pay (so soon after abolishing
teachers' pensions) seriously and objectively in parliament
allowing artful argumentations to sail through our honoured house
of people's entrusted parliamentarians.
So taking all the above-mentioned objective and accountable
principles into consideration, Ministers in Singapore should cut
their pay by 70% onwards and yet will be sufficient to attract many
talents and anti-corruption in quantum.
So when are our ministers going to do something on this matter -
apparently they have no good arguments and principles to stand by
their own self-rewards like seen happening in NKF.
