Contributions « Authors « TR EMERITUS

When can you see a retirement and what will you get?

Click to enlarge From 1955 till 1983 no minimum sum of any kind was required, and you could take out your savings at age 55 to prepare for your future retirement as you saw fit. Since the minimum sum was introduced in 1987 at a combined $36,500 (MS $30,000, Medical $6,500) it has been raised in a series of ramps to reach $233,000...

Does CPF expect me to die in three months therefore I don’t need money for expenses?

Click to enlarge CPF is our life time savings for retirement. It is our money saved with CPF. I was asked to retire at age 55 and lived in retirement for 15 years already. I am now a 70-year-old senior citizen. Luckily my HDB flat loan was full paid off. CPF recently send me a letter to inform me that my Retirement Account (RA)...

Disappointing when PAP politicians put money over the honour to serve their nation

"When I made the decision to join politics in 2006, pay was not a key factor. Loss of privacy, public scrutiny on myself and my family and loss of personal time were... I had some ground to believe that my family would not suffer a drastic change in the standard of living even though I experienced a drop in my income. So, it...