
CPF Minimum Sum now a staggering S$161,000
On 1 July 2015, the Central Provident Fund (CPF) Minimum Sum requirement rose from $155,000 to $161,000. The increase was first announced by Prime Minister Lee Hsien Loong in his National Day Rally speech last year. The Minimum Sum is the amount that must be set aside in a member’s CPF savings account for retirement when...

Get-it-right gets it wrong a second time
I refer to the 12 Aug 2015 TR Emeritus letter “My reply to Ng Kok Lim’s response to my article”. Get-it-right wrote: When it comes to one-party rule of SG, detractors are quick to point to N Korea. What about China? It is on the rise and rise under one-party longer than N. Korea. The rise of China has been the exception...

84,700 unemployed + long-term unemployed + under-employed, etc
Unemployment rises According to the Straits Times news report “Employment growth rebounds in second quarter but unemployment rises” (Jul 30) – “Unemployment rose after trending down over the past 12 months. The seasonally-adjusted rate was 2 per cent overall, from 1.8 per cent in the first quarter of the year. The rate...
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