CPF scheme a complete failure, PAP unable to address issues
PAP fears transparency because it will expose failed policies and schemes, eg CPF scheme. Basic information such as the number of Singaporean CPF members who meet the Minimum/Retirement Sum at 55 has been concealed because the figures are deeply embarrassing. Instead, PAP discloses only “active CPF members” which includes...
The idea that our lives have become better under the current PAP administration is flawed
The Press Secretary to the Minister for Social & Family Development Miss Karolyn Poon wrote a letter (‘System not perfect but has uplifted life of majority’) to the Straits Times’ Forum last week (4 Jul). The issue arose 2 weeks ago when social worker Sudha Nair argued that helping the poor also entails "questioning...
Norway’s Sovereign Wealth Fund Versus Our CPF
We have been told CPF is state secret, it concerns national interest. That we may perhaps accept, then we were told their remuneration and bonuses also cannot be made public. Recently, we have seem many losses from foreign media and also local media about the investments which failed. Then a string of changes to CPF related,...
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