Do CPF inflows to the Government exceed the outflows every year?
After writing “UK’s % of GDP public healthcare spending 4x S’pore’s?” (Jun 18) – someone asked me what about pensions? Well, “For the fiscal year ending in March 2019: UK pensions spending is budgeted to be £164.7 billion”. In contrast for Singapore, since almost all of our CPF is our own money (contributions)...
Why are there so many ‘unknown’ controversial CPF policies?
I refer to the CPF board’s reply “CPF Board procedures on disclosing dead members’ details” to the letters from Mr Neo Lin Chen (Unable to access CPF statement, June 1; and Having procedures doesn’t mean error-free execution, June 8), Ms Margaret Lee (Transparency, accountability needed when handling CPF money; Forum...
Is ComCare’s financial assistance criteria rather subjective?
I refer to the article “MSF responds but fails to address core issue – why is CPF considered an income?” (theonlinecitizen, Jun 16). It states that “As part of our ComCare assessment, we take into consideration the needs of the individual or household, as well as monies received and overall support rendered by the Government,...
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