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Thread: ministers' pension

  1. #1
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    Default ministers' pension

    can someone verify this please ?

    if this is true .......its a real scandal

    [URL="http://easyapps.sg/sgep/admin/file.aspx?id=145"]http://easyapps.sg/sgep/admin/file.aspx?id=145[/URL]

  2. #2
    Junior

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    How come that lawyer didnt cite which section of the Act?
    Easier for public to search and verify for themselves.

  3. #3
    Junior

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    tax free as well?

  4. #4
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    Quote Originally Posted by hopeful
    How come that lawyer didnt cite which section of the Act?
    Easier for public to search and verify for themselves.

    just google part or whole paragraph and you will find it.

    [url]http://statutes.agc.gov.sg/non_version/cgi-bin/cgi_getdata.pl?actno=1978-REVED-219&doctitle=PARLIAMENTARY%20PENSIONS%20ACT%0A&date=latest&method=part&segid=888373251-000067[/url]


    so even opp mps who serve > 2 terms are also entitled.
    Last edited by lifeline; 11th May 2011 at 10:18 AM.

  5. #5
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    Does it mean TPL just needs to work as mp till she is 35 years old to get pension for life? OMG

  6. #6
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    Quote Originally Posted by Regulators
    Does it mean TPL just needs to work as mp till she is 35 years old to get pension for life? OMG
    8/27 * 1500(incl cpf) = 444pm

  7. #7
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    Quote Originally Posted by Regulators
    Does it mean TPL just needs to work as mp till she is 35 years old to get pension for life? OMG
    2 terms means she'll be 37 by then. Wah.. but I don't think the pension scheme is for MP. It's probably only for ministers and office holders (as explained in the attached document). MPs receive allowances on top of their daily jobs so its their jobs that will take care of their retirement... but they probably get more from the allowance as MP than their daily job's salary???

  8. #8
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    why opposition cst and ltk didnt point this out?
    Also never want to reveal their wealth?
    Not as noble as you thought!!!!
    Nmp also have or not?

  9. #9
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    pension scheme only for office holders

  10. #10
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    Quote Originally Posted by devilplate
    pension scheme only for office holders
    i used to go to Air supply concerts ....

    until one year ... i realised they are so old and could hardly reach those notes ..

    when it came to high notes, he pushed the mic towards the crowd ... and the fans will sing ...

    and year after year they come to spore ...

    i cant help but think ... these are the last few chances for them to rip the fans ... and retire


    the same for our deargovt ... in the last few years they jacked their salaries ...

    just like Air Supply ... trying to squeeze out as much as possible from the fans before they retire

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