Infidelity in Organisations - the Singaporean notion

[GoldenDragon]

This ambassador knows how to chiat hong on taxpayers' money! Why he fly so far to attend a picnic?

Thanks to Trudeau, I now see the door to Canada open again for me.

arent u in winterpeg?

 

[winnipegjets]

The CPF after 1984 became an escrow for the Government to ensure that HDB repayments and any medical bill incurred is paid off. It no longer is a pension find. It has become a security deposit during the lifetime of a resident to reduce the burden of the state. It has also become a major generator of income for the govt.

They shave off a major % of the returns. The full return on the sum is never revealed. There are no representation from the members on any board or committee that has an influence on the rules and conduct of the Fund. No other first World country will allow this unilateral approach of handling pension fund of its members. The Govt continues to rely on the guarantee as the single basis on why they run it the way they want to.

Sinkees are financially illiterate ...they can't even do simple comparison of return. Govt rips them off and they still think it is a good deal. Sinkapore Govt guarantee is worthless.

 

[mojito]

Sinkees are financially illiterate ...they can't even do simple comparison of return. Govt rips them off and they still think it is a good deal. Sinkapore Govt guarantee is worthless.

Banglas also guaranteed 3 square meals coming to work in sg. Just nobody expect it will be cold hard rice with overnight curry. Teehee!