Reduce CPF Contribution For The Lower Income Group - Good?

One of the proposals by the trade union is that for the lower income group of people, that they pay less CPF so that they will be able to have a higher take home pay. Sounds good so far? But here’s the thing, if they have a lower CPF contribution, how do you think they will be able to retire? There won’t be enough money in their kitty to justify any comfy retirement plan. So the union said that perhaps one should encourage lower income group to continue working past the retirement age.

So friends, one thing you can be relatively certain, unless you have good and solid education and has a good cushy job, you can forget about ever resting. Your life will be an eternal struggle. In many ways, this echoes the sentiments of Wee Shu Min - Get out of my Uncaring Elite Face!

You are expected to look after yourself. Work until all your bones break and if you do not have enough in Medisave, good luck to you. Perhaps you can join the extreme sport of track jumping. Not that you will make a difference.

This is at a time when Singapore is planning to cut corporate tax but yet if they have their ways with the corporate, they would have implemented a minimum wages system like Australia. No one ever goes hungry in Australia. If they did, it is most certainly be by choice. Fact is for those who are NOT working and rely 100% on government’s charity would find themselves richer than those who are toiling away 6 days a week in Singapore.

Have Singapore truly become a uncaring elite society? Most people tend to ignore the issues of the less well off because they are just hidden away from the fabric of the society. But yet it is a problem not likely to go away. Even charity organisation like NKF cannot be trusted to bring charity to where it is needed the most.

Perhaps it will take a true crusader to one day tackle the issue at hand and finally be able to stand up and fight for the less well off members of the society.

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