Re: Analysis: Roundtable Discussion/"Debate" from Presidential Candidates (Straits Ti
Q1: 'What do you think will be a fair salary for the president?'
In brief:
TKL: $2 million.
TCB: $4 million.
TT: $4 million.
TJS: $0.48 million.
FULL ANSWER:
Tan Kin Lian: My position is very clear. If it is $4 million, the president's salary is less than half. And if it is reduced by the salary review, probably about half. Now, I've read the views of many people and they say, why are you paying such a big salary when you don't have much to do. I want to assure the people of Singapore that if I am the president, there will be a lot of things to do. And even so, I want to donate at least half.
Tan Cheng Bock: I think it's a question that's quite difficult to answer and you cannot just pluck a figure from the air and say, OK, this is the amount. There must be some basis when you make this type of decisions. And I would say we have to really study the roles and responsibilities of the president. Many people think that the president is just going around waving hands and so on. But I read the report, from Nathan's report, I think he's done a lot of things, apart from the ceremonial role, the custodial role and so on. I think it's a lot of work that is being done. Therefore I think before we just say that, ok, we do this cut here, cut there, let's study the subject properly. There's a committee review. I will go by what the committee has decided. That's all.
Tony Tan: The government has set up a salaries committee under the chairmanship of Mr Gerard Ee comprising of people from a wide sector of society in Singapore. I am sure they're studying this issue very seriously, what the compensation the president should get, the ministers should get, other public service holders. We should wait until we get the decision and whoever is president will, I'm sure, abide by the recommendation and decision of the committee as determined by the government.
Tan Jee Say: Well, I agree with Dr Tan Cheng Bock we can't really pluck a figure from the air, but there are certain benchmarks. And I would disagree with the approach taken by the government, at least the prime minister, in his terms of reference for the Gerard Ee committee, that you take a discount, to benchmark the salaries against the salaries of CEOs and then you take a discount. I think that is the wrong approach. The minister is not a CEO. He is a public officer looking after the public interest and his salary should be benchmarked to somebody in public sector. Well you have, whereas in Japan, UK, they benchmark the salary to the lowest paid civil servant. And I think we should as public figures, you should not take the CEO salary as a starting point. I would prefer a certain multiple of minimum salary. Maybe we don't want a minimum salary in Singapore but obviously I would advocate a minimum salary. But let's take the lowest salary of the civil servant, the lowest grade. If it's $1,000, then take a multiple of it, whether it's 20, 30 or 40. In Japan it's 40 times because, well, I heard, I read a report somewhere it's 40 times, because salaries are low. In UK it's lower than that because the UK salaries are higher. So I would benchmark against public officer, if not a minimum salary.
Quick analysis:
Both TKL and TJS are aware that if the President salary is substiantially reduced, then it would automatically imply that all other Ministers salaries will take a nose-dived.
Both TT and TCB are also aware of this impact and thus avoiding answering this question, ie. they prefer to not rock the boat and cause a $ tsunami.
Your analysis?