Lawless Wong and his shitty out of touch comment

[batman1]

LKY continued to draw a salary till he departed this earth.

If he is not working and still draw a monthly salary,it is a gravy train.

 

[uniboi]

I read of several articles about how seniors squirrel away their money till many are left with around 70% of their wealth when they pass on.

Must be those get rich scams by ex police officers who easily go into sales iine to con people

 

[uniboi]

If these seniors cannot find any job after 6 months, MOM will gladly label them as retired or no longer interested in working.

Yes that includes those in their 20s to 50s who are not working and MOM and TAFEP love to label them under no longer interested in looking for It’s way easier because

If these seniors cannot find any job after 6 months, MOM will gladly label them as retired or no longer interested in working.

Yes. That includes anyone above 18 to 50s who can’t find job after 6mths, MOM will gladly label them as not interested in working.

It’s easier because it helps to bring down unemployment rates and look better on numbers

MOM only interested to know whether fresh graduates are employed. Full stop. They stop asking at the types of jobs they are working at whether it’s ad hoc, contract, gig jobs.

 

[Leongsam]

Lky stayed healthy in to his 90s with out any challengers or challenges. How say u?

How do you know he had no challenges? You were privy to his private life?

 

[Leongsam]

I read of several articles about how seniors squirrel away their money till many are left with around 70% of their wealth when they pass on.

When I pass on I'll have more than 100% of my wealth. I spend the yield not the capital.

 

[metanoia]

If you have no one to pass your monies to, why bother and worry over all these investments ... just slowly run it down and leave a little bit left over for the state at the point of death

 

[metanoia]

And even if you have descendants, they have arms and legs to work and own their own monies. Why must all these senior people think of passing down monies and assets??? It breeds laziness and insolent mindset in their descendants.

 

[True Believer]

And even if you have descendants, they have arms and legs to work and own their own monies. Why must all these senior people think of passing down monies and assets??? It breeds laziness and insolent mindset in their descendants.

For our children to realistically be able to afford a landed property or condo and car in SG, they will need a substantial inheritance from their parents.

 

[birdie69]

...he left behind a $trillion wealth, with his sons and daughters in law fighting over it

Is his son following his footstep, becomes SM but doing nothing, still drawing lucrative salary from.tax payer money?

 

[metanoia]

For our children to realistically be able to afford a landed property or condo and car in SG, they will need a substantial inheritance from their parents.

And for what do you gain by giving them a huge inheritance when you are dead and dont know where???? You get to enjoy your money???

 

[ftan42]

No matter how much wealth you possess now, it is all temporary. Material possessions are fleeting and will inevitably be left behind when you pass away. True value lies not in accumulating riches but in the enlightenments, and impact you leave on the world.

 

[birdie69]

If these seniors cannot find any job after 6 months, MOM will gladly label them as retired or no longer interested in working.

That is why our unemployment rate is very low, lol!

 

[uniboi]

For our children to realistically be able to afford a landed property or condo and car in SG, they will need a substantial inheritance from their parents.

Not really. They can do high end sales or be in finance and earn lots more with time, respect and class

 

[True Believer]

Not really. They can do high end sales or be in finance and earn lots more with time, respect and class

It is the survival of the fittest in SG.

 

[uniboi]

It is the survival of the fittest in SG.

That is why so many burnt out

 

[True Believer]

That is why so many burnt out

I know of young people who get burnt out for less than $3,000 per month.

 

[myfoot123]

If these seniors cannot find any job after 6 months, MOM will gladly label them as retired or no longer interested in working.

They no longer become part of the digits and PAPPY happily taken them off from "unemployment" list to make Singapore statisitic looks good.

 

[ftan42]

If these seniors cannot find any job after 6 months, MOM will gladly label them as retired or no longer interested in working.

Once they are removed from the workforce and no longer counted as unemployed, the unemployment rate appears lower, making the unemployment figures look more favorable. Not only for seniors, but this also applies to the majority of workers who after leaving a company and cannot find a job within six months—they will be removed from the workforce count.

 

[True Believer]

Once they are removed from the workforce and no longer counted as unemployed, the unemployment rate appears lower, making the unemployment figures look more favorable. Not only for seniors, but this also applies to the majority of workers who after leaving a company and cannot find a job within six months—they will be removed from the workforce count.

PMEs who lose their jobs also don't qualify for any govt handouts, so they fall below the radar.

 

[True Believer]

They no longer become part of the digits and PAPPY happily taken them off from "unemployment" list to make Singapore statisitic looks good.

Why does the PAP keep referring to itself as an "honest" govt?