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Tharman proposed Singapore Presidents annual salary tops $4.2 million

The amount for staff salaries is increased to $4,532,400 or $473,600 higher than that of the year before.

The President’s entertainment allowance remains at $73,000.

The revision is part of an overall increase in the manpower expenditure for the Office of the Istana, which is staffed by 62 personnel.

On Thursday, Finance Minister Tharman Shanmugaratnam, who proposed that the House support the change, said this caters for the “recruitment of an additional staff officer to support the work of the Council of Presidential Advisers and a butler manager to meet increased demand for butler services at the Istana, and to meet the higher variable payments on account of a strong economic growth”.

The President’s salary rises in tandem with that of political, judicial and civil service appointment holders.

2011 news.