Singapore's 2026 review of salaries for political appointment holders and Members of Parliament raises the Prime Minister's benchmark annual pay to S$3.6 million from S$2.2 million, a rise of about 64%.

The revised rates take effect from 15 October 2026, and this is the first increase for ministers in 15 years.

The benchmark for an entry-grade minister rises to S$1.8 million from S$1.1 million, and MPs' monthly allowances go up from S$13,750 to S$18,500.

Prime Minister Lawrence Wong said the government cannot attract able people into politics if salaries stay frozen, and that he will donate his entire increase to charity for five years.

Singapore's framework benchmarks political pay to top private-sector earnings and then applies a 40% discount for public service; the package combines a basic salary with performance-linked bonuses.