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(a) the total cost of fringe benefits enjoyed by all civil servants (including the cost of such benefits as pension, vacation, quarters, etc.) in 1995/96; and the proportion of such cost to the total basic salary cost of all civil servants in the same year; and
(b) a break down of the average annual cost of fringe benefits and its proportion to the average annual basic salary cost for 1995/96 in respect of a civil servant in the following categories:
(i) directorate pay scale,
(ii) upper pay band (master pay scale point 34 and above),
(iii) middle pay band (point 10 to 33), and
(iv) lower pay band (below point 10)?
Answer:
Mr President,
(a) The main components of civil service fringe benefits are pensions, housing, leave, education allowances and medical and dental benefits. The costs of these benefits are assessed and reflected in the Government's Staff Cost Ready Reckoner. This reckoner is updated annually to take account of the most current salary revisions and fringe benefits. Some of the fringe benefits such as pensions are not payable until many years in the future in which case the cost is the estimated future liability of pensions now being earned. Some other benefits such as quarters are provided in kind and the cost reflects an appropriate valuation of the quarters provided. According to the 1995 Staff Cost Ready Reckoner, the total annual value of fringe benefits of the entire civil service for 1995-96 is about $24,450 million or 56.7% of the total annual basic salaries.
(b) A breakdown of the average annual cost of fringe benefits and its proportion to the average annual basic salary for 1995/96 according to the pay bands as requested is as follows:
No comments yet.
Private notes are available after approval.