Budget gives more than required – Ministers’ Pay?
In March 2007 while the Budget was debated, I wrote to TODAY regarding benchmarking of top civil servants and Ministers' salaries. That was several months after the 2006 Election and then our Govt increased the pay of top civil servants and Ministers. Specifically in the conclusion of my letter, I wrote :- "Perhaps, a new benchmark...
Who really benefits from CPF LIFE?
CPF LIFE is a government-run compulsory annuity program introduced in 2009 that replaces the old Minimum Sum Scheme. An annuity is an insurance scheme that a retiree buys with a lump sum of money in return for a steady stream of monthly payouts/income from the insurer for as long as the retiree is alive. In other words, think...
HDB: A finger in every pie
Recently, I was reading the Straits Times (ST) dated 2nd March 2011, about old flats vacated for Selective En-bloc Redevelopment and being tendered out to private companies for rental to Singaporeans, PR and foreigners with employment and S-pass. It started me thinking about my situation. I have been living in a flat directly...
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