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Recent content by slohand2

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    Misleading and irresponsible reporting by news agencies on new healthcare policies

    Why use dramatic but misleading words like the Miniumum Medisave amount to be scrapped. It took me a while to realize that it has been replaced by the BHC whose ceiling is actually raised compared to the outgoing MMS. And to disguise it further, there will be no minimum levels to be held...
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    Pay them millions and they are only good in changing name only?

    And its suppose to help us understand the Medisave scheme more? I can tell you I am more confused
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    Pay them millions and they are only good in changing name only?

    don't quite follow you but it seems like those having met the current MMS will be status quo and frozen till the end of time. But if you can indulge me further, those who turn 55 and don't need the MMS, how will their BHC be built up? thanks
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    Pay them millions and they are only good in changing name only?

    I have read the announcements many times over but still don't understand the gist of the changes. Ok the headlines say no need to meet the MMS requirements at age 55. Then they say the ceiling will be raised. and the maximum sum for the new scheme(Basic Health Care) will be raised annually...
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    Singapore, the tiny state with military clout

    Its the not "hardware" but the "heartware". The pancasila youth (see http://en.wikipedia.org/wiki/Pancasila_Youth ) is a fearsome paramilitary body not unlike Hitler's Storm troopers. They are a ruthless mob. You can check out the movie The Act of Killing where they re enact their hey days
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    Nil Benefits In Dependent Protection DPS

    The DPS can be a good scheme, but it ends at 60 when we have been paying up for a number of years. Becos it is an opt out scheme, again many are duped into paying for something we dont understand. I admit Im one of those idiots. My HDB has been fully paid years back, so in theory i dont need...
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    Alex Au: PAP mis-AIMed, faces blowback

    I understand that the termination clause were structured when the system was sold to AIM prior to the last election. and I will take it to mean that the PAP had prempted of losing some wards. This is like the sappers when the army is retreating, blow up the bridges and the ammunition dumps so...
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    Why HDB so expensive? This is why...

    Singaporeans are frustrated and they feel that the Govt is deaf or dumb to the ground. I prefer to defer from this conclusion. They are all as smart as you can get them, and they know. As for things beyond what I think, its best left for the people to decide. There are only 2 outcomes, either...
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    Why HDB so expensive? This is why...

    my take is like this......Right after the Asian financial crisis, the HDB was left with a huge backlog of unsold flats. Then, they building flats and meet demand, which was understandably slow post crisis. If it serves me correctly, they made attempts to flog off the unsold units, like merging...
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    Retirement - the earlier the better!

    He has "retired" long ago, busy writing memoirs, travelling, reading bedtime stories to Gecko, swimming, jogging, and basically enjoying the perks. I dont consider that working, so maybe that explains the dropout from the study.
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    writing / making a will

    Executor is a thankless job. I was told by my lawyer, that the executor can also be a beneficiary, so maybe that is not so bad from that point of view. How I deal with minors as benefiary is that I willed it to a person I trust who will have a freehand to disburse it as he see fit. This is...
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    writing / making a will

    Therefore we need an executor, and the lawyers dont normally get into that role, as they come and go and you may outlast them. Ive been asking around as Im much in the same predicament. Executors need not be Singaporean, witness will be the lawyer. When we kick the bucket, the executor...
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    writing / making a will

    Hi, Im in very much the same predicament and have been dragging my feet. I was told by my lawyers that the executors can be non singaporeans. No mention about the witnesses as obviously the law office will be the witness if the will is done by them. Obviously when we die, the executor, who...
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    CPF Sinking fund

    Oppo all the way, be it blind, deaf or dumb. I realise we need to cut their numerical advantage before any change can take place. Right now the ruling party rubber stamps to our detriment.
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