Minister Tharman: We will remove Retirement Age eventually

Speaking at the World Cities Summit yesterday, Singapore's Deputy Prime Minister (DPM) Tharman Shamugaratnam responded to ambassador-at-large Dr Tommy Koh's question about abolishing retirement age and the DPM agreed...

Number of working retirees nearly doubled due to lack of retirement fund

According to the latest employment statistics by the Ministry of Manpower, the number of working retirees in the workforce nearly doubled. For those aged between 65 and 69, the...

Lee Hsien Loong quote his father to fix the Presidential election

"This is not a Malay Singapore, not an Indian Singapore, not a Chinese Singapore. This is for everyone." Quoting his father Lee Kuan Yew, Prime Minister Lee Hsien Loong said...

Health Ministry: Singapore government made at least S$2 billion out of Eldershield since 2002

Since the national insurance scheme ElderShield is introduced in 2002, the Singapore government has profited at least S$2 billion by far and has only paid out S$90 million. In...

Poverty among Singapore elderly doubled

Singaporean elderly are finding it harder to retire and are selling their HDB flats to the Singapore government to alleviate poverty. The take-up rate for HDB Lease Buyback Scheme...

AIA Insurance Agent jailed 8 years for cheating elderly couple

A former top insurance agent from AIA was sentenced to 8 years' jail on Thursday (May 19) for cheating an elderly couple of S$8.89 million by selling fake policies...

NTUC: Increase retirement age beyond 62

Singapore's government-controlled labour union today (Feb 25) called on the government to increase retirement age beyond 62 for different industries to "allow workers who are able to stay in...

Budget 2016: Up to S$1500 cash for low income retirees in July, By-Election carrot...

Update: There is a mistake in the original article. Retirees will receive 2 quarter of payout up to S$1,500 cash in July. Finance Minister Heng Swee Keat yesterday (March 25)...

Sale of Balance flats hover at 5,170, but no price drop

The Singapore government is refusing to lower housing prices despite the increase in balance flats (SBF). In May 2013, SBF flats were at 3,100. 3 years later today, the figure...

CPF increase Retirement Sum to S$166,000, payout likely increase to 67

Singapore's Central Provident Fund (CPF) Board has just increased the CPF Retirement Sum (previously known as the Minimum Sum, name was changed due to negative connotations) to S$166,000 as...

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Epilogue

The past week has been heartening to read that many Singaporeans have expressed disappointment in the shut down of States Times Review. I have been...

STR to shut down

The States Times Review website has been blocked under false charges of "fake news" and "criminal defamation" laid by the Singapore dictatorship.   As such, the...

Law Minister K Shanmugam threatens 2 years jail for “Criminal Defamation”

Singapore's Law Minister K Shanmugam has gone to the local state media threatening that the articles published by States Times Review is "criminal defamation"....