Advanced Search Advanced Search Close Panel All of these words This exact phrase Any of these words Without these words Search within: PSDWhole of Government Expand All Collapse All Remuneration for Ministers and Members of ParliamentBonus 1. What is Performance Bonus and who determines the quantum? The salary framework provides for a Performance Bonus which reflects a political appointment holder’s work in leading a Ministry or helming a portfolio, as well as contributions at Whole-of-Government level. The performance bonuses for Ministers are determined by the Prime Minister, based on his assessment of the appointment holder’s performance in his immediate portfolio, as well as wider contributions at a Whole-of-Government level. 2. What is National Bonus and why should we have it? Why not have deferred payments for National Bonus since results of policies take time to be seen? The National Bonus replaces the GDP Bonus as a direct link to the socio-economic outcomes of Singaporeans and includes indicators beyond GDP growth. The National Bonus has four socio-economic indicators with equal weightage (25%), namely, (i) real median income growth rate of the average Singaporean, (ii) real income growth rate of the lowest 20th percentile of Singaporean income earners and (iii) unemployment rate of Singaporeans, and (iv) real GDP growth rate. These indicators have a strong link to the social-economic progress of average and lower income Singapore Citizens.Deferred payments for the National Bonus component of the annual salaries were not adopted as this would remove the direct link to actual performance in any one year. If you are unable to find an answer to your query, please submit your Feedback to let us know how we can help you.