Ng Kok Lim rebuts NUS study on CPF sufficiency for SG retirements
(Photo Yahoo!News) I refer to the NUS Department of Economics study concluding that CPF is sufficient for the retirement needs of young Singaporeans joining the workforce today [1]. Adequate income replacement doesn’t mean adequate income The study strives to show that pre-retirement earnings can be adequately replaced in...
How to Save the Middle Class? Focus on Prosperity
The American Presidential elections in 2012 is viewed by many, both on the left and the right as a referendum on Obama's socialism, in the form of Obamacare and high tax rates. Left leaning observers, such as Tan Jee Say viewed Obama's victory as a green light to higher taxes and social security. However, there are a lot...
Safety: Common sense to err on side of caution
Dominique Sarron Lee After featuring the top news last Thursday that safety breaches led to the NSFs' deaths, The Straits Times had the cheek to publish a letter praising Mindef for its "decisive action" the next day; clearly any and all negative responses must have been thrown out first. I wanted to draw attention to how extremely...
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