During the last PE, one Tan Kin Lian offered to take a salary of only S$2m a year, donating the rest to charity. One Tony Tan kept quiet on the issue. TKL was widely praised by netizens, while TT was condemned for not being like TKL.
Well Tony Tan has accepted the recommendation of Gerald Ee and friends that he gets around S$1.5m. Now taz 25% lower than what TKL was willing to take, so those that condemned TT should retract their comments.
Fair is fair.
I’m not in the mood to plough (CNY round the corner) thru the details of the Recomendations, and based on what I see on the Internet, one comparison table (Table A) from the Recommendations looks dodgy (bad methodology — why not use minister’s basic pay without bonuses for 2010 compare it to the basic — without all the discretionary bonuses– under the Recommendations). So there will be minimal blogging from me on this very impt issue. Still trying to find the mood to analyse whether the yield on MIIF is worth the risk.
I’ll leave the heavy lifting on this to others.