When will the government going to set up a Committee to review our CPF money?

[sengkang]

SINGAPORE: Prime Minister Lee Hsien Loong has formed a committee to review ministerial salaries.

The committee will be headed by National Kidney Foundation (NKF) chairman Gerard Ee.

Prime Minister Lee revealed this in his speech at the swearing-in ceremony of the new Cabinet on Saturday.

He said: "One important area for review is political salaries. We will always need committed and capable ministers. Politics is not a job or a career promotion. It is a calling to serve the larger good of Singapore.

"But ministers should also be paid properly in order that Singapore can have honest, competent leadership over the long term. I know that Singaporeans have genuine concerns over the present salaries.

"Hence I am appointing a committee to review the basis and level of political salaries. The committee will be chaired by Mr Gerard Ee, Chairman of Changi General Hospital and Chairman of NKF."

Welcoming the news about the upcoming review of ministerial salaries, businessman Bernard Chia said: "Tonight I didn't expect him to bring it up, but it is is a good thing he brought it up. I think he'll win a lot of hearts on that."

Prime Minister Lee also said the government's new approach must be flexible, thoughtful and compassionate. And where policies have unintended consequences, they must be put right.

His commitment to a fresh approach to policies was welcomed by newly-appointed office holders.

Newly-appointed Education Minister Heng Swee Keat said: "The prime minister has stated very clearly that we want to build a government that is open, consultative and responsive to the needs of our people. And that we welcome diverse viewpoints, and at the same time, make sure we stay united as a people."

Those interviewed also said that one key task ahead for the government is to weave different view points into policies that benefit Singaporeans.

"I think it's not just about changing things. It's also about strengthening things. We also hear that many Singaporeans feel that many of the policies make a lot of sense. But policies in the main cater to the broad part of the population, but there are many people who may not fall within that group, so what do we do to cater to that? That's where the flexibility will come in," said newly-appointed Minister of State for National Development and Manpower Tan Chuan-Jin.

- CNA/ir

 

[sengkang]

please don't tell us to Tan Ku ku ok?

 

[batman1]

Too late.The CPF money locked up in investments overseas by Temasek and GIC.
Hopefully,If 51% voted for Opposition in GE 2016,then possibly the sinkees will get to see their CPF money before they kick the bucket.

 

[halsey02]

Too late.The CPF money locked up in investments overseas by Temasek and GIC.
Hopefully,If 51% voted for Opposition in GE 2016,then possibly the sinkees will get to see their CPF money before they kick the bucket.

By then many would have kicked the bucket already and sadly, the 'last leaf' is still fluttering in the wind at 90 plus.

 

[batman1]

By then many would have kicked the bucket already and sadly, the 'last leaf' is still fluttering in the wind at 90 plus.

The greatest irony is The PAP ministers are entitled to draw their pensions at 55 (?) while the ordinary sinkees can only drawdown from their CPF Retirement Account from 62 (?)

 

[Patriot]

IMHO, a review of the CPF scheme is long overdue & should be done as soon as the review of Ministers' Salaries has been completed.

The government have gone back on their word as the original intention of the CPF scheme was to return all monies in the CPF to the citizens on reaching the age of 55.

 

[batman1]

IMHO, a review of the CPF scheme is long overdue & should be done as soon as the review of Ministers' Salaries has been completed.

The government have gone back on their word as the original intention of the CPF scheme was to return all monies in the CPF to the citizens on reaching the age of 55.

Many jobless Singaporeans aged 55+ do not have any income and they may die before they can touch their CPF money.
Thet just want their CPF money back.
They do not want to beg ,borrow or steal.
They DO NOT want any hypocritical help from the PAP.
They want to fade away and die with dignity in Singapore.
Are U Lee Hsien Loong and your PAP listening to the Citizens of Singapore ????????????????????????

 

[leoman]

aft ministerial salary review
next...
a committee review 2 remove sinkapolians' cpf minimum sums

Many jobless Singaporeans aged 55+ do not have any income and they may die before they can touch their CPF money.
Thet just want their CPF money back.
They do not want to beg ,borrow or steal.
They DO NOT want any hypocritical help from the PAP.
They want to fade away and die with dignity in Singapore.
Are U Lee Hsien Loong and your PAP listening to the Citizens of Singapore ????????????????????????

 

[Bigfuck]

I pity Gerard Ee. His conscience will get to him and he may have a relapse. I am not cursing him but if he actually looks at the creative rubbish of mathematics applied, he will puke. He is smart enough to read the math.

 

[votepapout]

ingapore Retirement Age?and Cpf Withdrawal?

Hi guys just wondering, what is the official retirement age in Singapore now?And at what age are Singaporeans allowed to withdraw money from their CPF accounts?