PRESIDENT Cyril Ramaphosa has approved the salaries for a number of top government and parliamentary positions.
In a gazette published on Tuesday, the president announced the salaries will take effect retroactively from 1 April 2021, with remuneration structured as follows:
- A basic salary component equal to 60% of the total package, which constitutes the pensionable salary;
- An amount of R120,000 per annum as per section 8(1)(d) of the Income Tax Act;
- An employer’s pension benefit contribution equal to 22.5% of pensionable salary.
- A flexible portion for the remaining amount of the total remuneration.
Based on these latest salaries, deputy president David Mabuza will now receive R2,910,234 – a close to R100,000 increase from his total remuneration package last year.
By comparison, the country’s ministers and deputy ministers will now receive R2,473,682 and R2,037,129 respectively.
Members of parliament and other senior legislative figures also received increases, with the speaker of the national assembly Nosiviwe Mapisa-Nqakula set to take home over R2.9 million. The leader of the opposition John Steenhuisen has been given a pay bump to R1.64 million.
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