Singapore’s HDB-CPF system has caused tremendous suffering for our elderly
A very sobering report concluded by the Duke-NUS Medical School's Centre for Ageing Research & Education and the Ministry of Health (MOH) found that a stark majority of our elderly Singaporeans over 60 are unable to meet their monthly expenses. This must be a big slap to the face of this hopeless PAP government. To begin,...
PAP govt one up up on repressive central Asian republic?
In S’pore, a few years ago, a person was arrested for holding a mirror. So did someone from Kazakhstan study our laws and decide to imitate us? The Kazakh police took a young activist into custody after he decided to test whether he could get away with standing in the street holding a placard with no writing on it. Aslan Sagutdinov...
Why CPF failed in its mission
Singaporeans save a large part of their earnings in the Central Provident Fund, including the contribution from their employer. But they do not have adequate savings for their retirement needs. What happened? What cause this leakage? Here are my perspective. a) A large part of the savings is put aside in the Medisave account...
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