Flaws in CPF Life
The CPF system is in the news what with the President’s Address, which had hinted at further tweaks to the CPF system to enhance the retirement adequacy of Singaporeans, and Roy Ngerng’s claims* that the CPF system amounts to theft, something I’ve pointed out even before the PM threatened to sue him for defamation. Now...
Those earning less than $1K decreased 22% or increased 3%?
Mr Lim, who is NTUC's secretary-general, disclosed that employers had in fact wanted to drop the minimum amount altogether, saying that wages were already going up in the tight labour market. -- PHOTO: ST FILE We refer to the article “NTUC wanted more workers to get minimum pay hike” (Straits Times, Jun 2). Fewer workers...
PM Lee should heed his own advice
Barely a week after Lee Hsien Loong spoke of integrity and the importance of admitting one's mistakes, the Auditor General released his annual report and gave the PM the perfect opportunity to practise what he preached. The report for 2012/13 cites more than two dozen incidents relating to contracts worth almost S$300M where...
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