National Bonus for political office holders cna 260312

[Mdm Tang]

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Its Time To Look At His Payslip Again At the Month End : )


Wah hahahahahaa !!!!




http://www.channelnewsasia.com/stories/singaporelocalnews/view/1191330/1/.html

National Bonus for political office holders

Posted: 26 March 2012 1708 hrs


SINGAPORE: Ministers and other political appointment holders, from Parliamentary Secretary to Deputy Prime Minister, will get a pro-rated National Bonus of 1.618 months in March.

The National Bonus was a recommendation of the White Paper on "Salaries for a Capable and Committed Government" that was endorsed by Parliament in January 2012.

Based on the approved formula, the 2011 National Bonus is 2.625 months, but since the new salaries took effect on 21 May 2011, the pro-rated amount will be 1.618 months.

The Public Service Division announced this on Monday.



http://www.channelnewsasia.com/stories/singaporelocalnews/view/1191330/1/.html


All political appointment holders (Parliamentary Secretary to Deputy Prime Minister) will get the same National Bonus rate to reflect their joint contributions as part of the Cabinet. The Prime Minister will get twice the rate as he does not get a performance bonus.

The National Bonus provides a direct link between the salaries of political appointment holders and the socio-economic progress of average- and lower-income Singapore citizens and the growth of Singapore.

The National Bonus is based on four socio-economic indicators with each accounting for 25 percent of the payout. The payout matrix is tabled below. The payout ranges from zero to six months and political appointment holders will get three months if the targets for the indicators are met.

 

[Scrooball (clone)]

National bonus? Those fools keep thinking of new ways to enrich themselves.

 

[Mdm Tang]

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https://www.youtube.com/watch?v=fWe1SItJzrk&list=PL5442C7A4141841B7&index=1&feature=plpp_video

 

[Mdm Tang]

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https://www.youtube.com/watch?v=fWe1SItJzrk&list=PL5442C7A4141841B7&index=1&feature=plpp_video

QUOTE OF CENTURY : see video 3:05 : "and every month i received my cpf statements i feel so

rich !!! "

wow hahahahahahaha !!!

and until you see his Month End Fixed Deposit Accounts Statements

wowhahahahahahaha !!!

 

[Mdm Tang]

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The Straits Times
www.straitstimes.comPublished on Mar 26, 2012


National Bonus of 1.6 months for political appointment holders

Ministers and other political appointment holders will be paid a National Bonus this month equivalent to 1.6 months of their pay.

The National Bonus is a new bonus that provides a direct link between the salaries of political appointment holders and the socio-economic progress of average and lower-income Singapore citizens and the growth of Singapore.

It came about after Parliament endorsed the White Paper on 'Salaries for a Capable and Committed Government' in January this year.

Based on the approved formula, the 2011 National Bonus is 2.625 months but since the new salaries took effect on May 21 last year, the pro-rated amount will be 1.618 months, to be paid in March 2012, the Public Service Division (PSD) said in a statement on Monday.

 

[Sir_Fcuk]

So if you are just MP then squeeze balls lah

 

[Mdm Tang]

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Ministers and Appt Holders cannot hold "Collectorships" in various Listed Companies

and TLC and GLC companies MPs can ... :(

 

[Mdm Tang]

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and every month these MPs will feel so rich when they received their
collectorship payout !!! wahahahahahahah !!!

 

[Narong Wongwan]

This is pay cut allowance

 

[laksaboy]

1.618 is the Golden Ratio!

[video=youtube;kkGeOWYOFoA]http://www.youtube.com/watch?v=kkGeOWYOFoA[/video]