CPF Board escalating efforts to trap more retirees’ savings, members beware
Every initiative taken by CPF Board is never to address the issue of retirement shortfall. Instead, it invites members to top up our accounts or delay withdrawal. So, how much does GIC need to cover investment losses? $10 billion? $100 billion? Any person with half a brain would know something is terribly amiss. According to...
Death penalty: Academic and theoretical only?
ST 27/10 carries news of Law Minister's comments on the death penalty for drug traffickers. He insinuates that objectors are being "theoretical" and "ideological" only, whereas the hard facts are that drug trafficking results in death of numerous more who suffer addiction, and the suffering of destroyed families, etc. Academic...
CPF Board introduces new CPF Life plan to trap more CPF
The PAP must be laughing all the way to the bank at how easy Singaporeans could be taken for a ride. The CPF Board has just introduced another new plan to trap even more CPF in GIC. Called the CPF Life Escalating Plan (EP), it allows members to postpone enjoyment at 65 to years later when our body does not allow us to enjoy...
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