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Handout 4
White Paper: Salaries for A Capable and Committed Government Embargoed till after delivery. Please check against delivery
Speakers Salary To peg a full-time Speakers total annual salary to the MR4 benchmark. Parliament should decide whether to continue the current practice of paying the Speaker 50% of this salary as the Speakers post is currently a part-time post. The salary should comprise only monthly salary, a fixed 13th month bonus and Annual Variable Component. The Speaker should continue to be on the MSO medical scheme, with no other perks. The pension scheme for the Speaker should be removed with effect from 21 May 2011. Deputy Speakers Allowance To peg the full-time Deputy Speakers annual allowance to 15% of a full-time Speakers annual salary. Parliament should decide whether to continue the current practice of paying the Deputy Speaker a reduced amount as the Deputy Speakers post is currently a part-time post. The annual allowance should comprise only monthly allowance, a fixed 13th month bonus and Annual Variable Component. The Deputy Speaker should continue to be on the MSO medical scheme, with no other perks. MPs Allowance To peg an MPs annual allowance to 17.5% of MR4 benchmark. The MPs allowance should comprise a monthly allowance, a 13th month bonus and Annual Variable Component. MPs elected prior to 1995 should have their pension frozen as at 20 May 2011, and not accrue additional pension after that date. MPs should continue to be on the MSO medical scheme, with no other perks. NCMP / NMPs Allowance To peg an NCMP / NMPs annual allowance to 15% of MPs annual allowance. The NCMP / NMPs allowance should comprise a monthly allowance, a 13th month bonus and Annual Variable Component. NCMPs / NMPs should continue to be on the MSO medical scheme, with no other perks. Future Reviews For the Prime Minister to appoint a Committee to review the salary framework every five years.