Taxi driver cannot renew license as he owe his CPF Medisave money

http://statestimesreview.com/2015/0...new-license-as-he-owe-his-cpf-medisave-money/

[h=1]Taxi driver cannot renew license as he owe his CPF Medisave money[/h]chris / 18 hours ago June 30, 2015


Recently, I met up with a friend who is a taxi driver who has just switched over from a taxi driver wtih ComfortDelgro to Uber and GrabTaxi and he said the government has made it tougher for GrabTaxi drivers because of Medisave.
How has Medisave affected the drivers?
According to onemotoring.sg on LTA guidelines for Application of Taxi Vocational License:
The Grabtaxi taxi driver said that his taxi license was revoked and not being able to renew as he is not able to pay the medisave “debt” which he accumulated over S$10,000.
Photo by Chris

However, despite “owing” his CPF Medisave money, it is not an arrestable offense. The only down side is that ComfortDelgro did not renew his license and forced him to be jobless unless he pay up.
Photo by Chris

There is however no room for negotiation on license renewal, except to pay for an expensive installment fee like $200 a month, which is a lot to a taxi driver who earns about S$2,400 a month.
A taxi driver pay a daily rent of $120 and petrol cost of $50 a day.
On average a taxi driver earns about $200-$250 per day that make it $80 a day of profit left for him. However, according to the CPF, the taxi driver earns about $2400 per month, which gives them an annual income of $28,800, legislated by law to pay medisave.
As taxi drivers grow old, they have to pay more Medisave contributions. have to pay a min of 8% into your medisave when you are at age 35 and below , 9% for age 35 to 45 , 10% for age 45 to 50 and lastly 10.5% for age above 50.
Do you think the Government even care about the taxi drivers if at all?
Chris
Co-edited by Alex Tan

Many self employed and small business owners are in similar predicament.
Penalized for owing money to yourself.....haha what a fucking joke.
Cpf is a tax make no mistake

This is what happen when PAP is in charged.

PAP enforced that all licensed, self-employed people need pay medi save before licence renewal. These include taxi drivers, property agents and insurance agents?

If they don't pay, cannot renew license, hence cannot do work.

PAP will then say no local want do such work, and open flood gate wider for foreigners to compete in these areas!

Sad.

Brightkid said:

PAP enforced that all licensed, self-employed people need pay medi save before licence renewal. These include taxi drivers, property agents and insurance agents?

If they don't pay, cannot renew license, hence cannot do work.

PAP will then say no local want do such work, and open flood gate wider for foreigners to compete in these areas!

Sad.

Click to expand...

That is the karma of Sinkies ball-lessness.

i am the one who they refuse to renew my licence, i am now shaking leg at home...:o

i am turning to UBER or GRABCAR.

Cannot be a taxi driver then be a SECURITY guard loh!

Switching between fucked up jobs, for fucked up ppl!

Problem solved.

Anyway, who did the taxi driver vote for? LoL

^
Let this asshole stay in power, and things are going to become worse. Maybe we'll see CPF Medisave enforcement secret police, you'll be detained indefinitely or beaten up if you don't pay up.

makapaaa said:

http://statestimesreview.com/2015/0...new-license-as-he-owe-his-cpf-medisave-money/

[h=1]Taxi driver cannot renew license as he owe his CPF Medisave money[/h]chris / 18 hours ago June 30, 2015


Recently, I met up with a friend who is a taxi driver who has just switched over from a taxi driver wtih ComfortDelgro to Uber and GrabTaxi and he said the government has made it tougher for GrabTaxi drivers because of Medisave.
How has Medisave affected the drivers?
According to onemotoring.sg on LTA guidelines for Application of Taxi Vocational License:

“To apply for a Vocational Licence, you must meet the following requirements:
a. Payment of Medisave Contributions by Self-Employed Persons”
​

The Grabtaxi taxi driver said that his taxi license was revoked and not being able to renew as he is not able to pay the medisave “debt” which he accumulated over S$10,000.

Photo by Chris

However, despite “owing” his CPF Medisave money, it is not an arrestable offense. The only down side is that ComfortDelgro did not renew his license and forced him to be jobless unless he pay up.

Photo by Chris

There is however no room for negotiation on license renewal, except to pay for an expensive installment fee like $200 a month, which is a lot to a taxi driver who earns about S$2,400 a month.
A taxi driver pay a daily rent of $120 and petrol cost of $50 a day.
On average a taxi driver earns about $200-$250 per day that make it $80 a day of profit left for him. However, according to the CPF, the taxi driver earns about $2400 per month, which gives them an annual income of $28,800, legislated by law to pay medisave.
As taxi drivers grow old, they have to pay more Medisave contributions. have to pay a min of 8% into your medisave when you are at age 35 and below , 9% for age 35 to 45 , 10% for age 45 to 50 and lastly 10.5% for age above 50.
Do you think the Government even care about the taxi drivers if at all?
Chris
Co-edited by Alex Tan

Click to expand...

This is not a new rule leh. Don't anyhow politicise issue. I ask the gay erotica whack you.

LordElrond said:

This is not a new rule leh. Don't anyhow politicise issue. I ask the gay erotica whack you.

Click to expand...

The debate on this issue is not whether it is a new rule or old rule, twit.

The argument about this unfairness of the rule, centers on why should a self employed person have to contribute to a 'state controlled fund manager' aka CPF, funds meant for his medical upkeep and how could this be related to his ability or rather inability to have a license to carry out a form of service (taxi driving) which is his job to earn a living?

To the self employed, they deem it is their own prerogative, as to who and where they wish to place their money, to be utilized for their health care needs.

If they do not wish to have Medisave , who says they cannot PAY CASH to any health care org ( hosp) when they need to use their service?

But as a Sinkie twit, I guess you do not look further into any discussion, other than what you have been conditioned to think and what you have NOT been CONDITIONED to think.

But can you even THINK? LoLoLoL

CPF is a regressive tax.

krafty said:

i am the one who they refuse to renew my licence, i am now shaking leg at home...:o

i am turning to UBER or GRABCAR.

Click to expand...

Let me know when you start. I am very free.

Who did he vote for?

laksaboy said:

^
Let this asshole stay in power, and things are going to become worse. Maybe we'll see CPF Medisave enforcement secret police, you'll be detained indefinitely or beaten up if you don't pay up.

Click to expand...

Hmmmmm I think its a Lexus LS

sinkies cough up for HC gambling losses, while they reward themselves handsomely for any gains,successful bet.

laksaboy said:

^
Let this asshole stay in power, and things are going to become worse. Maybe we'll see CPF Medisave enforcement secret police, you'll be detained indefinitely or beaten up if you don't pay up.

Click to expand...

You might get locked up in the craziest building at IMH together with Amos Yee. Please pay all your Medishield Life premiums on time.

Y sit inside car oso mus cross leg? And...Look at de fuckup color of his iPad cover...:oIo:

I know of a Paul Wong from a Cantonese rock band

Medishield Life is a better plan than Obamacare. If a low caste falls sick, he would be counting on Medishield Life to pay fore the bulk of his medical bills. As such, it is fair to insist that the sinkie pays his insurance premiums promptly.

Soon, this taxi driver cannot even leave Singapore, for he owe Medshield Life premiums & the only way out is to check in at Mandai C....even that, they may not take him in, for he is owing "them" money.

The only way out is to jump (1) Bedok Reservoir, (2) Jurong Lake, (3) any HDB flats ( Swissotel Stamford is for the upper class)...