Following Parliamentary approval of the white paper in November 1994, the Government established an independent panel to examine the benchmark for the Prime Minister's salary. The panel's report, released in January 1995, recommended that the benchmark be about $1.6 million a year, but said it would be reasonable for the Prime Minister to be paid $2.4 million in view of his heavy responsibilities. The Government said that in three years it planned to raise the pay of the Prime Minister to $1.46 million and that of ministers to 60% of the benchmark, and in the "longer term" to $1.6 million and two-thirds of the benchmark respectively.