
The real reason for increasing the CPF Minimum Sum
The government has increased the CPF Minimum Sum to "maintain its real value", they claimed. The CPF Minimum Sum has no inherent value Now, think about this - what is the purpose of the CPF Minimum Sum? It is a marker of how much the government wants Singaporeans to retain inside the CPF. Thus the CPF Minimum Sum by itself...

CPF crossing the red line
The govt seems to be very comfortable with all the changes introduced to hold back the people’s life savings in the CPF. I must admire the govt’s confidence that the people will go along, albeit some kpkb, but nothing will happen. And it is all up to the govt and the CPF account holders are just hapless daft Sinkies that...

GST Vouchers don’t fully offset GST for the lower-income
[Article first appeared in Gerald Giam's blog on 10 May 2014.] GST offsets for low-income households I asked the Minister for Finance this question in Parliament on 14 April 2014. NCMP Gerald Giam The permanent GST Voucher scheme was introduced in 2012 to help lower- and middle-income households with their expenses, in particular,...
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