Monday, November 24, 2008

Civil Servants' Annual Pay to Fall

In line with the global recession including Singapore, civil servants are to receive lower year-end payment in 2008. On top of that, senior civil servants' pay are set to slash up to 19% in 2009. As such, the total Annual Variable Component (AVC) and 13th month Annual Wage Supplement (AWS) payment for civil servants in 2008 is 2 months plus $100 to $300. This is 1 month less than the total paid out in 2007 which was 3 months plus $200 (including Growth Bonus).

Specifically, in 2009, there will be a 19% fall in the annual salary of the President (to $3.14m) and the Prime Minister (to $3.04m). The Ministerial Grade (MR4), which includes the Ministers and Senior Permanent Secretaries salary, will fall by 18% to $1.57m, and salaries at the entry Superscale grade (SR9) will fall by 12% to $353,000. The allowance for Members of Parliament will fall by 16% to $190,000.

2008 year-end payment announcement by Public Service Division [via]

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