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Archive for the ‘Policies’ Category
Singapore, rock solid partner of USA rewarded

Singapore, rock solid partner of USA rewarded

PM Lee with President Obama During the heydays of the British Empire, they rewarded their subjects with OBEs, KBEs or GCBEs and a chance to kneel before the Queen of England to be knighted. In modern day diplomacy, Empires still reward their allies and individuals for their contributions to the Empire but in different ways.... 

Our CPF system needs more than just superificial changes

Our CPF system needs more than just superificial changes

The recent recommendation to our CPF savings at age 55 does not carry much benefit to the saver except that now he can choose to invest in a higher-risked investment scheme not unlike that of the current CPFIS one. The Retirement Account (RA) now carries a fixed 4% interest rate till age 65 when he can start to withdraw a monthly... 

Is CPF Board solvent?

Is CPF Board solvent?

The PAP has been tweaking the CPF system for decades without addressing the underlying causes of our huge retirement shortfall. The objective of every review and tweak is to channel and retain more CPF funds in GIC. For decades, PAP has been channeling a disproportionate amount of retirement funds to support exorbitant housing... 



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