Govt. tops up some money into depleted CPFB

[suicidalpap]

SINGAPORE: About 1.1 million Singaporeans aged 50 and above will benefit from a one-off, top-up to their Medisave Accounts.

This measure was announced in Budget 2010, and is aimed at helping older Singaporeans with their healthcare expenses.

Eligible Singaporeans can expect to receive top-ups ranging from $200 to $500, with the higher amounts going to those who are older and less well-off.

The top-ups will be credited on September 30.

 

[gohsanho]

Why alway solve problem from the demand side of the equation. Why cant they increase the supply to keep cost down instead give more money to create demand.

 

[winners]

Don't you all get the hint. This is another of their bait to indicate that the GE is cumming soon.

 

[suicidalpap]

Nowadays, govt. seldom give hard cash even as election is coming. When they want to give, they will put the money into your Ordinary, Special, Medisave or Retirement account. The workfare is also given half-heartedly. $150 cash and $350 into CPF account.
Our CPF money really lost by that queen of loser Ho Ching. That's one of the ways PAP try to put in some money thru this means.

 

[jw5]

Why alway solve problem from the demand side of the equation. Why cant they increase the supply to keep cost down instead give more money to create demand.

If they keep costs down, how to justify the humongous salaries?