Report GIC returns in S$ also so that we know CPF % rates are very good & fair
I refer to the article “GIC records 3.4% long-term return above inflation” (Straits Times, Jul 13). It states that “Its benchmark 20-year annualised real rate of return between April 1998 and March this year was 3.4 per cent above the rate of global inflation. This number was 3.7 per cent for the 2017 financial year, 4...
With 4 in 10 earning less than $2,500 or unemployed – do we need such ‘insensitive’ remarks in Parliament?
I refer to the article “Wages rose faster than productivity in recent years: Koh Poh Koon” (Straits Times, Jul 12). It states that “Real wages in Singapore rose faster than productivity in recent years, even though real wage growth should track productivity growth over the long run to be sustainable. As to “From 2011...
ElderShield: $133m claims, $4b surpluses/reserves?
I refer to the article “Elderly amputee who was denied Eldershield benefits dies weeks after authorities reconsidered his case” (The Independent, Jul 12). It states that “Former Senior Minister of State for Health Chee Hong Tat responded to Lim that increasing payouts and lowering the claims criterion could make premiums...
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