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$5,183. This means the average CPF payout is only 7% of average wage. https://data.gov.sg/…/average-monthly-nominal-earnings-per-… In Spain, average pension is 82% of last drawn salary. In France, it is 74%. In Italy, it is 65%. In the OECD, it...
Norwegian Sovereign Wealth Fund Made US$ 180 Billion In 2019!
Wow! Norwegian Sovereign Wealth Fund Made US$ 180 Billion In 2019! That’s US$34 000 for every Norwegian! Now with that type of returns, having the Swiss standard of living is a piece of cake! Lim Tean Read More →
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...
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