How Much Are Malaysia's Politicians Earns
“I am one of the best paid and probably one of the poorest of the
Third World prime ministers,” Lee Kuan Yew, the late minister mentor of
Singapore was once quoted.
The saying of “if you pay peanuts, you get monkeys,” is also undeniable. To get good quality people, you need to pay for it.
Before the recent amendments to the Members of Parliament
(Remuneration) (Amendment) Act that was passed on April 10, 2015,
members of the parliament (MPs) in Malaysia received a monthly income of
RM4,112.
Other perks MPs get are RM2,500 entertainment allowance, RM1,500 fuel
allowance and a RM300 toll allowance, but these do not go into their
pockets as income earned.
Whether you think they deserve it or not, a pay raise for members of Parliament and senators has been approved a month ago.
The base salary of an MP jumps to RM16,000 from RM6,508.59, which was
higher than the initial proposal of RM11,000 when the Bill was tabled
in November last year.
The last amendment to federal lawmakers’ salary and allowances was a mere increase of RM700 more than a decade ago in 2002.
Other than the additional claimable allowances for entertainment,
fuel, travel and others, the parliamentarians also receive an allowance
of RM200 a day when attending Parliamentary sittings and a daily
allowance of RM150 to attend meetings with government agencies.
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