Ministers have min. wage pegged to 1,000 top earners......

[rusty]

and what about the ordinary people?

Pegged their pay to the lowest FTs'?

 

[Leongsam]

and what about the ordinary people?

Pegged their pay to the lowest FTs'?

Ordinary people will earn ordinary salaries. There's nothing wrong with that.

 

[TracyTan866]

and what about the ordinary people?

Pegged their pay to the lowest FTs'?

This anomaly, if not rectified, will discredit the pap at the next election. Let the pap have enough ropes to hang itself.

I heard that some ministers recognise this problem but have no b.lls to challenge LKY's edict. I suspect that this problem will be corrected when LKY dies. and may not be an issue at the next GE

 

[rusty]

Ordinary people will earn ordinary salaries. There's nothing wrong with that.

By the same token, a politician should get a polititician pay why pegged to the top private sector and why not to the world politicians? To make matter worse while they ride on the top earners the ordinary people are forced to compete with the lowest to make it cheapest, fastest and betterest.
If this is not greed what is?

 

[Leongsam]

To make matter worse while they ride on the top earners the ordinary people are forced to compete with the lowest to make it cheapest, fastest and betterest.
If this is not greed what is?

The answer is simple. It's because they are of the same caliber as the top earners whereas the "ordinary" folk you speak of are even less productive than the foreign talent the government is forced to import in order to keep Singapore going.

In my opinion, Singaporeans should earn even less than the more productive FT.

 

[rusty]

The answer is simple. It's because they are of the same caliber as the top earners whereas the "ordinary" folk you speak of are even less productive than the foreign talent the government is forced to import in order to keep Singapore going.

In my opinion, Singaporeans should earn even less than the more productive FT.

Any statistics to show ex-ministers earning top caliber pay after they left office?

Raymond Lim or Yeo Cheow tong?

 

[Leongsam]

Any statistics to show ex-ministers earning top caliber pay after they left office?

Raymond Lim or Yeo Cheow tong?

They retire after they leave office. They aren't interested in earning top dollars at that stage of their lives.

However, there are many ministers who could easily earn 3 times what they're earning now if they returned to what they were doing before they went into politics.

 

[Fook Seng]

They retire after they leave office. They aren't interested in earning top dollars at that stage of their lives.

However, there are many ministers who could easily earn 3 times what they're earning now if they returned to what they were doing before they went into politics.

That is stretching the argument quite a bit. How old is Raymond Lim? 52?

 

[rusty]

That is stretching the argument quite a bit. How old is Raymond Lim? 52?

Ha,,,ha.ha..good one!

 

[Leongsam]

That is stretching the argument quite a bit. How old is Raymond Lim? 52?

I retired at 40 so 52 is ancient by my standards. I had gone through more than enough stress. I worked out that I had more than enough to last me till my deathbed. I'm sure retired ministers are in the same situation after earning millions during their tenure.

They want to take things easy, earn a bit of pocket money and enjoy what they were deprived of when they held public office.

I can fully understand why they don't want to return to high flying corporate life or a stressful practice.

 

[rusty]

I retired at 40 so 52 is ancient by my standards. I had gone through more than enough stress. I worked out that I had more than enough to last me till my deathbed. I'm sure retired ministers are in the same situation after earning millions during their tenure.

They want to take things easy, earn a bit of pocket money and enjoy what they were deprived of when they held public office.

I can fully understand why they don't want to return to high flying corporate life or a stressful practice.

Raymond Lim and Yeo Cheow Tong retired at thie own will like you?

 

[Leongsam]

Raymond Lim and Yeo Cheow Tong retired at thie own will like you?

They could have been "coaxed" into retirement but then so was I in a way. Manufacturing was a sunset industry in the early 90s and I decided it was time to call it a day.

The ministers who have retired probably did their sums and decided it was time to smell the roses.

 

[rusty]

Nice chatting with you. Good day and stay healthy, retiree.