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TR EMERITUS

Untold Hard Truths From Around The World

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Archive for the ‘Letters’ Category

CareShield Life: Estimates 1 in 2 severely disabled?

I refer to the article “ElderShield to be renamed CareShield Life with higher, lifetime payouts from 2020” (Today, May 27). It states that “This change will benefit those who remain severely disabled, which according to Ministry of Health (MOH) estimates could be one in two healthy Singapore residents aged 65 or above. With...

Temasek’s 1st retail bond: Riskiest asset class?

I refer to the article “Investors can invest in Temasek’s first retail bond to boost retirement income: Ho Ching” (Business Times, Jun 4). It states that “INVESTORS can invest in Temasek Holding’s first retail private equity bond to help supplement their retirement income, said Temasek chief executive Ho Ching. While...

Is 1 in 13 full-time workers still earning below $1,200 something to be proud of?

I refer to the Ministry of Manpower’s (MOM) Report on Wage Practices 2017 released on 30 May. It states that “More establishments raised their employee’s wages in 2017 (65%) compared to 2016 (58%). The proportion of establishments that cut total wages fell, from 17% in 2016 to 12% in 2017. As a result, the proportion...

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