Do you know that CPF Life eats up all you accumulated interest if you die early?
An old schoolmate from RI (Raffles Institution), CK, alerted me to the following: “3. What happens to the premium if I pass away? A bequest is the amount of money that you leave for your beneficiaries when you pass on. If you are on CPF LIFE, the bequest refers to the unused annuity premium and Retirement Account...
Is Singapore’s government healthcare spending as a percentage of GDP the lowest in the world?
I refer to the article “Jump in number of Chas card holders” (Straits Times, Aug 24). It states that “The number of Community Health Assist Scheme (Chas) card holders has grown by five times since 2012 to about 1.3 million Singaporeans. In the last six years, the amount spent on the scheme has also grown by more than...
Before our millionaire ministers tell us to downsize, then they should look at themselves first
When Singaporeans share about their pains of making ends meet or how they are struggling with living costs. The government's response has consistently been for us to "right-size" or more clearly, downgrade. The message is simple: Living in Singapore is not cheap, so if you are struggling, reduce your spending, reduce your lifestyle...
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