Singaporeans are poor by CPF-HDB design
Most Singaporeans are clueless about the precarious situation they are in, that could result them in a life of poverty. For a start there...
Minister Josephine Teo: CPF payment rate to increase, Retirement Age to increase
Claiming that Singaporeans are "anxious" over their retirement, Manpower Minister Josephine Teo today (May 28) announced that she has formed a new committee looking...
Straits Times: Ban Singaporeans from using CPF to buy HDB
Following the ridiculous speech by President Halimah Yacob, state media Straits Times featured a government university's professor absurd call to ban Singaporeans from using...
Elderly: My sons don’t even earn enough to give me money
Featured in state media CNA, a 77-year-old elderly poor told reporters that he has to continue working past retirement age because he doesn't have...
PAP MP Heng Chee How: Singaporeans should work longer, withdraw CPF later
In the Parliament session yesterday (Feb 27), PAP MP Heng Chee How has called for the retirement age to be raised and delay the...
Minister Josephine Teo: Automatic CPF and Insurance deductions for self-employed
Second Minister for Manpower Josephine Teo had accepted her government's committee, Tripartite Workgroup (TWG), recommendations to force self-employed to pay CPF and insurance as...
CPF: Minimum Sum to increase 9% to S$181,000
In a secret CPF policy change unreported by the state media, Prime Minister Lee Hsien Loong has given the authority to increase CPF Retirement...
CPF: Medicare Minimum Sum increase 4.8% to S$54,500
The Central Provident Fund (CPF) has announced a 4.8% increase to the mandatory Minimum Sum for Medicare (now called the "Basic Healthcare Sum") to...
Government: New CPF law to grow “dead money” in CPF
Second Minister for Manpower Josephine Teo yesterday (Nov 6) enacted a new CPF law encouraging Singaporeans to sacrifice their CPF funds by transferring them...
Study: Elderly cannot afford to retire, expected to work past 70
According to a new study published by the Singapore Management University (SMU) and US-based RAND Corporation yesterday (Oct 27), Singaporeans are increasingly pessimistic about...