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lta overcharged $300k, but refund 1 cent.... hahahahhahaahah

BusNo64

Alfrescian
Loyal
lta veri clever....give 1 cent here and there and hope dat they donch go for refund....then makan all and total up becomes thousands....then can declare huge midyear bonus next year....:rolleyes::oIo:

onecent_distance_fare_refund_why_such_a_small_amount-thumbnail.jpg


STOMPer Wu Yia Boh was shocked when he saw the amount to be refunded to him was only $0.01. Why so little and how was the one-cent derived, questions the STOMPer.

The Land Transport Authority (LTA) had conducted a review earlier this year and found discrepancies in the distance fares charged for certain bus stops which had not been updated.

From now till June 17, 2011, commuters can check via the LTA website how much they will be refunded and how they can go about collecting this amount.

Said Wu Yia Boh in his email (Dec 20):

"How can? I was only refunded 1 cent out of the $300k in total refunds announced.

"How was this value derived?

"I was shocked to see I was only eligible for 1 cent of refund under the Bus Stop Distance Refund Scheme.

"Why so little?

"Where did the operator derive the 1 cent from?

"Consider the report which mentioned a substantial amount of $300,000 was collected from a result of overcharging -- 1 cent out of the $300k is so insignificant.

"If on average one affected commuter is entitled to a small amount of 1 to 50 cents, does it mean that the number of affected commuters is massively a lot more than the projected figure?"
 

loloba

Alfrescian
Loyal
Where did the operator derive the 1 cent from?

i tot was for a period of 5 months that they have overcharged. Imagine if they have not made refund that simple, without knowing how much they have overcharged, take time off, take transport, and was told by the adminstrator, they have overcharged you for $0.01.
 

halsey02

Alfrescian (Inf)
Asset
Where did the operator derive the 1 cent from?

i tot was for a period of 5 months that they have overcharged. Imagine if they have not made refund that simple, without knowing how much they have overcharged, take time off, take transport, and was told by the adminstrator, they have overcharged you for $0.01.

You cheat them, they fine you $0.01 x 100,00 , they cheat you...you get 0.01cts after the had collected the overcharge amount, earned interest on it......so smart these people.:biggrin:
 

Glaringly

Alfrescian (InfP) [Comp]
Generous Asset
The distance fare was only implemented from July this year and the error was discovered last month.

So within 5 months ( 150 days ), LTA over charge by $300k. And base on the refund of 1 cent, then there must be more then 30 million trips affected?

As we understand, only a few routes are affected. So, do we have 30 million trips during this short period of time? If not, where does the remaining cost goes to? Investigative and Administrative charges?

Of course, knowing how un-accountable our civil service department works, do they have the comprehensive figures to show?
 

cass888

Alfrescian
Loyal
The distance fare was only implemented from July this year and the error was discovered last month.

So within 5 months ( 150 days ), LTA over charge by $300k. And base on the refund of 1 cent, then there must be more then 30 million trips affected?

As we understand, only a few routes are affected. So, do we have 30 million trips during this short period of time? If not, where does the remaining cost goes to? Investigative and Administrative charges?

Of course, knowing how un-accountable our civil service department works, do they have the comprehensive figures to show?

Firstly not all trips get 1c refund. Some will get more, some less. Probably this idiot took only one affected ride.

Secondly, 5 months = 100 working days, so refund = $3k a day. Even at 1c, it means about 150,000 trips each way. Out of public transporting population of 3,500,000, this is not out of the question.
 

Glaringly

Alfrescian (InfP) [Comp]
Generous Asset
It was reported only a few segments are affected. Where do you get the 3.5 million?

Firstly not all trips get 1c refund. Some will get more, some less. Probably this idiot took only one affected ride.

Secondly, 5 months = 100 working days, so refund = $3k a day. Even at 1c, it means about 150,000 trips each way. Out of public transporting population of 3,500,000, this is not out of the question.
 

cass888

Alfrescian
Loyal
It was reported only a few segments are affected. Where do you get the 3.5 million?

I was saying, if there are about 3.5 public transport commuters, then 150,000 for a "few segments" is not out of the question - if at least 5% of the routes run through those segments.
 
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