The review committee under Gerard Ee has recommended that the salary of the President of Singapore be cut by 51% and the revised salary is about $1.5 million.
Several readers of my blog have commented that this cut matches the 50% that I promised to donate to charity during the campaign for the Presidential election. I wish to make this clarification.
I had expected the salary to be cut by 50% and my promise to donate 50% is on the reduced salary. This meant that I would be happy with a net salary of around $750,000 (which is still a lot of money). There is still the bonus that will be added to bring it up closer to $1 million.
Anyway, all of this is now water down the bridge .....
Several readers of my blog have commented that this cut matches the 50% that I promised to donate to charity during the campaign for the Presidential election. I wish to make this clarification.
I had expected the salary to be cut by 50% and my promise to donate 50% is on the reduced salary. This meant that I would be happy with a net salary of around $750,000 (which is still a lot of money). There is still the bonus that will be added to bring it up closer to $1 million.
Anyway, all of this is now water down the bridge .....
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