Re: The Window Dressings Before General Election
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_519254.html
Apr 26, 2010
SNEF accepts calls to restore CPF cuts
Wage hikes could go to Medisave, Retirement accounts, says federation
By Sue-Ann Chia & Kor Kian Beng
EMPLOYERS have come round to labour chief Lim Swee Say's view that a partial restoration of their Central Provident Fund (CPF) contribution rate is in order.
In a Singapore National Employers Federation (SNEF) statement, its president Stephen Lee said there was room for wage increases to be channelled into CPF Medisave and Retirement accounts.
He was responding to fresh comments by Mr Lim that just as the National Trades Union Congress (NTUC) had rallied workers to accept CPF cuts, employers should reciprocate when the time came for their restoration.
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_519254.html
Apr 26, 2010
SNEF accepts calls to restore CPF cuts
Wage hikes could go to Medisave, Retirement accounts, says federation
By Sue-Ann Chia & Kor Kian Beng
EMPLOYERS have come round to labour chief Lim Swee Say's view that a partial restoration of their Central Provident Fund (CPF) contribution rate is in order.
In a Singapore National Employers Federation (SNEF) statement, its president Stephen Lee said there was room for wage increases to be channelled into CPF Medisave and Retirement accounts.
He was responding to fresh comments by Mr Lim that just as the National Trades Union Congress (NTUC) had rallied workers to accept CPF cuts, employers should reciprocate when the time came for their restoration.