SMRT offer of ‘amnesty’ to staff an insult to taxpayers, accountability issue not addressed
Excluding economic losses caused by the one in 50 million years MRT tunnel flooding, repairs must have cost millions in tax dollars. In a situation where the cause has been established to be negligence, SMRT employees – including the CEO – should have been taken to task. Instead, SMRT has proposed to forgive itself by offering...
The CPF Life scam and why PAP should return our CPF
Roy was right about “The Dirty CPF-HDB Scheme To Trick Singaporeans“. I will not touch on the HDB part but only state the obvious about our CPF. Is CPF money, or not money? CPF savings used to fund housing becomes invisible money at age 55. A member who has used $166,000, or even much more, to pay for his HDB flat is still...
Reason why CPF Life so mean?
Many moons ago after one Chris K wrote this about the meanness of CPF life because of the triple redundancy, I emailed his piece to an actuary and asked him if the piece made sense (there were some things that I couldn’t quite follow). He said it did, but added “Nothing wrong in being prudent”. This PAPpy answer got...
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