CPF: The propaganda continues?
We refer to the article ”Permanent top-ups, greater flexibility for investment suggested for CPF system” (Channel NewsAsia, Aug 14). Less than 30% met Minimum Sum? It states that ”More than half of workers reaching 55 years of age are not able to achieve the Minimum Sum – the amount needed to give them a regular income...
GIC website publish selective minimal news
GIC selective, publish minimal news on its website GIC has shown a preference to publish as little news as possible on its website. Most of it is not confidential information and is already publicly available. August 2014 GIC did not publish a single news below on it website. Instead, GIC published the following: 2 Aug -...
How much CPF are Singaporeans losing to the Government?
For a long time, the government has denied that they have taken our CPF to invest in the GIC (Lee Kuan Yew denied this in 2001 and 2006, and Ng Eng Hen in 2007). (Click to enlarge) But in June this year, the government admitted for the first time ever that they take our CPF to invest in the GIC. They have long denied this and...
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