What is the Prime Minister's annual salary? What are the components?
The Prime Minister receives a total annual salary package that includes the 13th month bonus, Annual Variable Component (AVC) and National Bonus. It is set at two times of the MR4 benchmark, or $2.2m, which represents a reduction of 36 per cent compared to 2010. There is no annual Performance Bonus for the Prime Minister.
Pensions for political appointment holders, including the Prime Minister, were removed with effect from 21 May 2011.
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