The CPF would be a good scheme if….
Credit: Demon-cratic The CPF was a good scheme and can continue to be a good scheme with many people happily putting their life savings into it. What needs to be done is to modify the terms with more elements of options and choices and the removal of compulsion. Let the original withdrawal age be at 55, or perhaps, this is a...
Dr Janil Puthucheary talks complete nonsense
MP and new citizen, Dr Janil Puthucheary I refer to the 28 May 2014 Straits Times report “Clash over MediShield premiums v payouts”. Dr Janil Puthucheary made complete nonsense when he asserted that it is not valid to compare Medishield’s 63% loss ratio (payout) against American health insurance’s 80 to 85% loss ratio...
Was cumulative real basic wage growth negative last 6 years?
The basic pay hike for blue-collar workers was proportionately higher than that of white-collar workers for the first time since 2002. (Photo: Desmond Foo/ST) We refer to the article “Highest pay hike in 16 years for blue-collar workers” (Straits Times, Jun 7). Real total wages grew 1.5% per year? It states that “From...
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