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Archive for the ‘Policies’ Category
CPF Life: What SPH reporter left out

CPF Life: What SPH reporter left out

CPF Life One merit about CPF Life is that it is run by the Government. That removes the big worry of retirees as to whether their insurer is financially strong enough to withstand the next global financial crisis in order to keep making the monthly payouts, is what a SPH reporter wrote last Sunday. http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid={838399526-20200-2041240930}. Those... 

Daft Sinkies’ thoughts on CPF

Daft Sinkies’ thoughts on CPF

Toh Chin Chye on CPF in Parliament With the pending lawsuit against Roy Ngerng and the protest rally at Hong Lim this weekend on peoples’ savings in the CPF, what is the daft Sinkies thinking on this issue? Many are crying foul and demanding that they get their money back, they want their life savings back at 55, no more funny... 

CPF: First cut Is always deepest

CPF: First cut Is always deepest

According to the table (see below) at the Central Provident Fund (CPF) website, the first CPF change was introduced on 1 Oct 2003, the cruel contribution cut to 33%. "The First Cut Is The Deepest" is also the title of a song by Rod Stewart, but nobody has the mood to sing after this. And since the Prime Minister said, “People... 



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