The Government of Malawi is expected to be saving up to K144 million annually when six principal secretaries (PSs) retire as planned.
By the end of this year, six PSs are expected to retire and this will take the number of retired PSs for 2016 to eight following the retirement of Bernard Sande and Chris Kang’ombe.
The monthly package for a principal secretary is over K1.5 million and comprises a salary of K1, 085 882, K35,000 as airtime, K11,800 as medical insurance contribution and K365,300 as fuel allowance.
Malawi24 also understands that over seven PSs are expected to retire in 2017 which will help government to save nearly K180 million annually.
Before the Public Service Reforms Commission which is being headed by Vice President Saulos Chilima was introduced, the country had 96 principal secretaries.