What is the National Bonus?
The National Bonus is one of the variable components of the salary formula for political appointment holders’ salaries. It ties the salaries of political appointment holders to the socioeconomic outcomes of Singapore and Singaporeans.
It is determined using the following four indicators, with each accounting for 25% of the National Bonus quantum:
i) Unemployment rate of Singapore Citizens
ii) Real income growth rate of the median Singaporean Citizen (P50)
iii) Real income growth rate of lower-income Singapore Citizens (P20), and
iv) Real GDP growth rate.
The target levels for each of the indicators were updated following a 2026 review, and will take effect on 1 January 2027:
Unemployment rate of Singapore Citizens | Real income growth rate for P50 Singapore Citizens | Real income growth of P20 Singapore Citizens | Real GDP growth rate |
3% - <3.5% | 2.5% - <3.5% | 3% - <4% | 2% - <4% |
Achieving 100% of the target level set for all four indicators result in a total National Bonus of 3 months.
The National Bonus ranges from 0 to 6 months, depending on how far the outcomes fall below or exceed the target level.
For more on Singapore’s political salary framework and the 2026 review, read:
Ministerial Statements by the Prime Minister and Minister Chan Chun Sing;
Report on the 2026 review: go.gov.sg/2026report.
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