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TR EMERITUS

Untold Hard Truths From Around The World

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Archive for the ‘Opinion’ Category

The Big Lie in Singapore

According to Mr Heng a front-runner for the top job: Singapore is not ready for a prime minister who is an ethnic minority. This was a reply given to a question that pointed out the popularity of Deputy PM Tharman Shanmugaratnam for the top post. The claim was that while younger Singaporeans were amenable to a minority candidate...

Depleting our CPF = Saving for retirement?

Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →

The problem with Singapore’s CPF Life retirement payout scheme

The CPF Life merges two different retirement concepts. (1) Previously, Singaporeans would save part of their wages into the CPF, in which they will take out their monies plus interest at retirement. The idea was that the CPF Retirement Account was your own savings account, so you get to take back all the money you put inside...

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