09 Sep '11, 3am

Yawning Bread asks… Does Tony Tan continue to get his DPM pension? #sgpresident #sgpolitics

Yawning Bread asks… Does Tony Tan continue to get his DPM pension? #sgpresident #sgpolitics

Here’s a question that a noted academic posed to me last night: Does Tony Tan, now President, continue to collect his pension that came from his days as Deputy Prime Minister? A follow-up question would be this: When he retires as President, will he get double pension? Two laws are relevant here: The Parliamentary Pensions Act and the Civil List and Pension Act. The former regulates salaries and pensions for members of parliament and office-holders whose jobs stem from being members of parliament. Such would include ministers and the Speaker of Parliament. Section 4 says that for an office-holder to be eligible for an office-holder’s pension, he must have served a cumulative eight years as an office-holder and have reached 50 years of age. Tony Tan meets both these criteria, having been born in 1940 (which makes him 71 years old in 2011) and having first become a senior mi...

Full article: http://yawningbread.wordpress.com/2011/09/09/does-tony-ta...

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