Reason why CPF Life so mean?
Many moons ago after one Chris K wrote this about the meanness of CPF life because of the triple redundancy, I emailed his piece to an actuary and asked him if the piece made sense (there were some things that I couldn’t quite follow). He said it did, but added “Nothing wrong in being prudent”. This PAPpy answer got...
Why Smrt’S And Sbs Transit’S Accounts Should Be Subjected To A Public Audit
I am not suggesting that there is any wrongdoing or corruption on the part of SMRT and SBS Transit. However, given the constant and consistent breakdowns of the public transport system a public audit of their accounts, like that which the Workers' Party run AHTC was subjected to is long overdue. The reasons are as follows. Looking...
CPF Board should stop tweaking CPF scheme, learn from Malaysian counterpart to tackle retirement shortfall issue
Our CPF system has been abused for far too long and is in urgent need of a revamp. The issue of retirement adequacy has never been properly addressed: allocation rates have not been amended (nor CPF interest rates increased). Even an idiot knows that one of the main causes of our retirement shortfall is allocating too much savings...
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- Caoliangoh on Pakistan to nuke Israel if…
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