How does Singapore’s pension compares with other developed countries?
In Singapore, the average CPF pension payout is S$355. The average wage is S$5,183. This means the average CPF payout is only 7% of average wage. https://data.gov.sg/…/average-monthly-nominal-earnings-per-… In Spain, average pension is 82% of last drawn salary. In France, it is 74%. In Italy, it is 65%. In the OECD, it...
Government must do more to help our people and businesses
Although Hongkong and Singapore are 2 distinct and different entities, ie, one being an independent country and the other is a special administrative region of China, both share plenty of similarities too. Unlike Hongkong, Singapore is responsible for our own defence and our annual defence budget takes up the biggest chunk of...
Xia suay! KNN! Why our millionaire ministers not ordering money to be laundered?
Chinese banks have been ordered to remove potentially contaminated notes from circulation. Only after launderisation (sterilisation) will the notes return to general circulation. Why we no follow? Seriously In ordinary circumstances, modern notes carry similar quantities of bacteria to those found on a door handle. It is harder...
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