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05-06-2013, 11:40 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Education - 4 years
Fees in a top university - $250k
Stipends/Salary ($5k/mth for 13 months per year), books, accommodation, flights - $500k
First 2 years of career
Salary - 10k per month (With bonus, 16 months per year) = $320k
Pension liability = ????
Next 3 years of career
Salary - 20k per month (With bonus, 18 months per year) = $1.08 million
Pension liability = ????
Next 5 years of career
Salary - 40k per month (With bonus, 20 months per year) = $4 million
Until retirement at 65 (35 years)
Salary - $60k per month (With bonus, 22 months per year) = $46.2 million
Pension liability = ?????
Pension payment until death (assume age 88)
60k per month (50 percent of salary) =$16.5 million
Total cost to taxpayers = $68,850,000.
Does the scholar deliver this value to sinkapore?
Note: If the scholar becomes a minister, compensation and pension go up much more.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?153736-Cost-to-taxpayers-for-a-scholar&goto=newpost).
Education - 4 years
Fees in a top university - $250k
Stipends/Salary ($5k/mth for 13 months per year), books, accommodation, flights - $500k
First 2 years of career
Salary - 10k per month (With bonus, 16 months per year) = $320k
Pension liability = ????
Next 3 years of career
Salary - 20k per month (With bonus, 18 months per year) = $1.08 million
Pension liability = ????
Next 5 years of career
Salary - 40k per month (With bonus, 20 months per year) = $4 million
Until retirement at 65 (35 years)
Salary - $60k per month (With bonus, 22 months per year) = $46.2 million
Pension liability = ?????
Pension payment until death (assume age 88)
60k per month (50 percent of salary) =$16.5 million
Total cost to taxpayers = $68,850,000.
Does the scholar deliver this value to sinkapore?
Note: If the scholar becomes a minister, compensation and pension go up much more.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?153736-Cost-to-taxpayers-for-a-scholar&goto=newpost).