Ex-president Nathan won't have to return any money

[HellAngel]

Ex-president S. R. Nathan will get pro-rated pay for service last year and will not have to return money to the government, according to a Public Service Division (PSD) statement on Wednesday, reported The Straits Times.

In a report released last week, the Committee to Review Ministerial Salaries recommended that the president's salary be cut to S$1.54 million from S$4.27 million as originally set aside in the budget for 2011 -- a cut of 51 percent.

The newspaper quoted the PSD as saying, "Proper adjustments and pro-ration will be done, and the final amount paid to Mr Nathan will be based on the committee's recommendations."

Nathan has reportedly not been paid his bonuses in full yet, and the PSD said he would not have to pay back any money to the government as his pay was being pro-rated and would take into account the recommended revision.

Before he stepped down in September to make way for Dr Tony Tan, Nathan said he would voluntarily adopt the new salary recommendations back-dated to 21 May last year. Nathan stepped down on 31 Aug to make way for new president Tony Tan to take office.
Aside from recommending the 51 per cent cut in the president's annual salary, the committee recommended ministers' salaries should be cut to S$1.1 million and pension benefits stripped.

The committee also recommended that some of the President's bonuses, such as the Fixed Service Bonus and the Gross Domestic Bonus, be removed. The Straits Times reported that together with his annual pay, these could have added up to as much as 17 months.

http://sg.news.yahoo.com/blogs/sing...t-does-not-return-money-report-140031574.html

 

[halsey02]

"The committee also recommended that some of the President's bonuses, such as the Fixed Service Bonus and the Gross Domestic Bonus, be removed. The Straits Times reported that together with his annual pay, these could have added up to as much as 17 months."

No wonder, prataman said his work was immeasurable, for his renumeration is bottomless!

 

[saratogas]

No wonder Prataman is seen celebrating Pongal... in Thanksgiving!

Hindus in Singapore celebrated Pongal, the harvest festival, by giving thanks to the cow which is considered sacred to the community.
Known as "Maattu Pongal", the festival saw hundreds of people gather at Campbell Lane in Little India.
Students and tourists were eager to witness the special prayers.
The event has been held for the past 11 years.
It's organised by the Little India Shopkeepers and Heritage Association, with Viknesh Dairy Farm providing the cows.

 

[Capano2121]

Ex-president S. R. Nathan will get pro-rated pay for service last year and will not have to return money to the government, according to a Public Service Division (PSD) statement on Wednesday, reported The Straits Times.

In a report released last week, the Committee to Review Ministerial Salaries recommended that the president's salary be cut to S$1.54 million from S$4.27 million as originally set aside in the budget for 2011 -- a cut of 51 percent.

The newspaper quoted the PSD as saying, "Proper adjustments and pro-ration will be done, and the final amount paid to Mr Nathan will be based on the committee's recommendations."

Nathan has reportedly not been paid his bonuses in full yet, and the PSD said he would not have to pay back any money to the government as his pay was being pro-rated and would take into account the recommended revision.

Before he stepped down in September to make way for Dr Tony Tan, Nathan said he would voluntarily adopt the new salary recommendations back-dated to 21 May last year. Nathan stepped down on 31 Aug to make way for new president Tony Tan to take office.
Aside from recommending the 51 per cent cut in the president's annual salary, the committee recommended ministers' salaries should be cut to S$1.1 million and pension benefits stripped.

The committee also recommended that some of the President's bonuses, such as the Fixed Service Bonus and the Gross Domestic Bonus, be removed. The Straits Times reported that together with his annual pay, these could have added up to as much as 17 months.

http://sg.news.yahoo.com/blogs/sing...t-does-not-return-money-report-140031574.html

Fat shit only have one quarter of his pay affected by this cut so all in all he will have maximum 15% less in his dollar coins to count!