Category Archives: CPF

Beware of phishing scams; SPF’s Anti-Scam Centre (ASC) co June 2019; Solutions? Banks improving their online banking security; 470 people cheated by phishing scams in Dec 2021; Retirees on government pension; Invest your money safely and wisely; Where?

Posted on June 14, 2020 by tankoktim

. ========= . Be cautious about scams. Don’t keep all your money in one bank account. It’s like not putting all your eggs in one basket. Have different bank accounts with various banks, and make sure your bank accounts are … Continue reading →

Posted in Business & Finance, CPF, Government, Medical & Health, Politics, Social issues, Socialistic Policies | Tagged , | Leave a comment

A healthy population; Expand community healthier physical activities; Live and age well; Building more hospitals and clinics not the long-term solution; Rising cost of healthcare is a concern; Add reward element, increase incentive in the push for healthy living; Also: reward those who live healthy lifestyles; Successful ageing – Live and age well – ageing gracefully; How? Caring for the aged with low retirement CPF funds – retirement adequacy;

Posted on March 18, 2020 by tankoktim

  ===================== .   A healthy population will result in many benefits to the self and the society as a whole: higher productivity due to less down time; greater medical cost savings in hospitals and clinics; and less mental and … Continue reading →

Posted in CareShield Life insurance - permanent disabilities, Cost of Living & Retirement Adequacy, CPF, Inflation and Rising cost of living, Medical & Health, MediShield Life mandatory medical insurance, Population, Productivity, Silver Support Scheme, Social issues, Socialistic Policies, Workfare income supplement; Progressive Wage Model | Tagged , , , , , | Leave a comment

2020 Unity Budget – my 34 suggestions. Total Assets of Singapore as at 31st March 2019 were S$1174b. 2020 Resilience Budget. 2020 Solidarity Budget.

Posted on January 17, 2020 by tankoktim

2020 Budget Speech by MOF Heng in Parliament on 18th Feb 2020  [see copy below]: 2020 Budget has S$109 billion spending in total.   It is called Unity Budget 2020 due to the COVID-19 pandemic. The 2020 Budget has a … Continue reading →

Posted in Budgets 2018, etc., Business & Finance, Cost of Living & Retirement Adequacy, CPF, Government, Govt's Budget, GST, GST Rebates, National Reserves, Politics, Social issues, Socialistic Policies, Taxation | Tagged | 1 Comment

2019 Budget – my 28 suggestions

Posted on January 10, 2019 by tankoktim

2019 Budget  – my 28 suggestions: I hope MOF Heng Swee Keat will include one or two of my suggestions in the 2019 Budget, which will be announced in Parliament by him on 18th Feb 2019. What will be the … Continue reading →

Posted in Budgets 2018, etc., Business & Finance, CPF, Government, Govt's Budget, GST, Medical & Health, MediShield Life mandatory medical insurance, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Population, Properties, Silver Support Scheme, Social issues, Socialistic Policies, Taxation, Transport | Tagged | Leave a comment

‘Millionaire’ Singaporeans; how to be the No. 1 Hub: to attract 10,000 world richest billionaires to red dot? Pandora Papers – tax evasion; Investing or speculating on the stock exchange; The rich and poor Singaporeans – who can afford what? Who can plan their retirement to live comfortably with no financial anxiety? How many Singaporeans have S$30,000 net cash in their bank accounts? Financial advisers – are they themselves multi billionaires/millionaires?

Posted on May 30, 2017 by tankoktim

======= . Be the next Hub: How to attract and encourage some 10,000 world richest multi-billionaires [not millionaires] to bring their wealth and take up residence in Singapore? Can we aim for the next Hub: A Billionaire Hub? What can … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, CPF, Economy; Perfect Economic Storm? When?, Food & Drinks; hawker centres; foodcourts;, Government, HDB Public Housing; affordability; EIP policy; and resale prices;, Nation Building, National Day Rally - new policies and strategies, National Reserves, Politics, Population, Properties, Security, Social issues, Socialistic Policies, Taxation | Tagged , | Leave a comment

Budget 2017 – what are our expectations?

Posted on January 8, 2017 by tankoktim

2017 Budget – what are our expectations? . Finance Minister Heng Swee Keat will deliver the Government’s 2017 Budget statement in Parliament on Feb 20, 2017, his second as FM. . What should be done to make Singapore more inclusive … Continue reading →

Posted in Budget 2017, CPF, Government, Govt's Budget, PG and CHAS, Silver Support Scheme, Socialistic Policies | Tagged | Leave a comment

Ageing and Work; Retire early, able to live longer? True or untrue? Retiring at 60 or 70 for better health during the twilight golden years? Getting old – Writing memoirs for posterity; Unable to write, please record it on video;

Posted on December 3, 2016 by tankoktim

.==================== . Memoirs? If one cannot write, please record it on video. ======== . . Speaking up for Asean in the battle of narratives Whether it is the Viet occupation of Cambodia or the US-China contest, powerful narratives can shape … Continue reading →

Posted in Business & Finance, CPF, Fate, Destiny, Accidents & Coincidence, Labour, Lee Kuan Yew's Legacy [His life 1923-2015], Medical & Health, Population, Productivity, Social issues, Socialistic Policies | Leave a comment

Our National Reserves disclosed in Parliament by PM LHL on 27Jan2016….total S$613 billion in 2015. Updated figures: Temasek Holdings S$308 billion as at 31Mar2018; Total Govt Assets as at 31st March 2019: S$1174b [please see the 2020 Budget].

Posted on February 12, 2016 by tankoktim

============ . Singapore’s GIC set to manage extra S$185b in reserves THU, JAN 13, 2022 – 4:04 PM  UPDATED THU, JAN 13, 2022 – 6:37 PM in businesstimes.com.sg Singapore’s sovereign wealth fund GIC is poised to get a massive influx … Continue reading →

Posted in Budgets 2018, etc., Business & Finance, Cost of Living & Retirement Adequacy, CPF, Government, Govt's Budget, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Nation Building, National Reserves, Politics, Social issues, Socialistic Policies | Tagged , , , | 1 Comment

CPF Annual Statement – It shows more details the amounts given by the Government to each person;

Posted on February 10, 2016 by tankoktim

CPF…..it proves again that the Govt listens to public feedback. Prior to 2015, not many recipients were aware how much they had received as the Govt did not provide details in a summarised format at year end. I remember in … Continue reading →

Posted in CPF, Government, GST Rebates, MediShield Life mandatory medical insurance, PG and CHAS, Silver Support Scheme, Socialistic Policies, The Govt listened and implemented my ideas and feedback | Tagged , , , | Leave a comment

Higher monthly CPF contributions; Higher CPF income ceiling; Higher CPF interest at last – wef 8th Feb 2023, members can place their OA money in fixed deposit with banks; CPF Board – should the Board invest in SGX – is it a joke? Or give as mortgaged loans to LTA for buying trains and buses? Buying GIC bonds do not give good returns to the CPF members – demagogues make it a negative political issue;

Posted on January 12, 2016 by tankoktim

======= . Why the new CPF income ceiling will benefit more workers The change will not affect workers who earn less than $6,000 as their amount of contribution depends on their actual salaries. PHOTO: ST FILE Tan Ooi Boon Invest … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, CPF, Government, Politics, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback | Tagged , , , , | 2 Comments

National Reserves and the sale of state land; Future generations – how much National Reserves do they need?

Posted on June 13, 2015 by tankoktim

=========== . In 2003 I wrote: Future generations have to stand up, work hard, build on the infrastructures that they inherited and maintain them well like we do today for the next generation. It is the gumption, the moral ballast … Continue reading →

Posted in Cost of Living & Retirement Adequacy, CPF, Government, Lee Kuan Yew's Legacy [His life 1923-2015], National Reserves, Politics, Population, Productivity, Social issues, Socialistic Policies, Taxation, The Govt listened and implemented my ideas and feedback | Tagged | 4 Comments

Retirement adequacy – a long-term concern? How to top-up CPF for Gig workers/the 20% lower-income groups? Will the Govt have the political will to have policies that stand in good stead for us to be an inclusive society? How to have socialist policies for the sake of Singaporeans’ well-being; All about money; More should be done when we are hit by an economic storm;

Posted on March 16, 2015 by tankoktim

========== . Retirement adequacy for the poor [the 250,000 or the 25% at the base of our society] must be one of the top social issues to be discussed and addressed. How it should be addressed and why? What are … Continue reading →

Posted in Budget 2015 - new policies?, Cost of Living & Retirement Adequacy, CPF, Economy; Perfect Economic Storm? When?, GE2020 on 10th July 2020; and one year later;, Government, Govt's Budget, GST, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Medical & Health, MediShield Life mandatory medical insurance, Minimum Wage; PWM and WIS in Singapore's wage policies, MRT, National Day Rally - new policies and strategies, National Reserves, PG and CHAS, Politics, Silver Support Scheme, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback, Transport, Workfare income supplement; Progressive Wage Model | Tagged , , , | 2 Comments

CPF monthly payouts; CPF Minimum Sum scheme must stay; Some elderly sold their flats, became broke as cash ran out;

Posted on December 15, 2014 by tankoktim

============== . Some 85,000 CPF members to automatically receive payouts; higher payouts for some on CPF Life Prior to 2018, many members neglected to instruct the CPF Board to start payouts from age 65. ST PHOTO: ARIFFIN JAMAR Yong Li … Continue reading →

Posted in CPF, Social issues, Socialistic Policies | Tagged , | Leave a comment

S$300 a month for Silver Support Scheme?

Posted on December 6, 2014 by tankoktim

I am grateful to Today Voices for publishing my letter. S$300 a month for Silver Support Scheme? Published: 9:08 PM, December 1, 2014 in Today Voices Government portal REACH is seeking feedback on and suggestions for the Silver Support Scheme … Continue reading →

Posted in Budget 2015 - new policies?, Cost of Living & Retirement Adequacy, CPF, Government, Govt's Budget, Medical & Health, Politics, Silver Support Scheme, Social issues, Socialistic Policies | Tagged , , | Leave a comment

CPF for Housing – Reverse mortgage is another option…

Posted on September 1, 2014 by tankoktim

CPF -How to address the various concerns effectively, decisively and adequately to address the public’s disquiet over the Minimum Sum being raised to $155,000, and the concern of CPF retirement adequacy? ======== CPF – mortgage it rather than sell it … Continue reading →

Posted in CPF, HDB Public Housing; affordability; EIP policy; and resale prices;, Properties, Socialistic Policies | Tagged , | Leave a comment

CPF Scheme – Should it be tweaked further? Some changes to CPF rules wef 10May2019; Making Nomination early and update it when needed; Nominate payment in cash;

Posted on August 21, 2014 by tankoktim

CPF -How to address the various concerns effectively, decisively and adequately to address the public’s disquiet over the Minimum Sum being raised to $155,000, and the concern of CPF retirement adequacy? . ======= . Forum: Cash nomination lets CPF nominees … Continue reading →

Posted in Budget 2015 - new policies?, Cost of Living & Retirement Adequacy, CPF, HDB Public Housing; affordability; EIP policy; and resale prices;, Politics, Social issues, Socialistic Policies | Tagged , , , , , , | Leave a comment

CPF – what changes will be announced by PM Lee at the National Day Rally on 17th August 2014?

Posted on August 16, 2014 by tankoktim

Should we have a CPF – Hospital Trust? Public hospitals are short of beds, and the solution to contain medical costs is for the Govt to set up a CPF-Hospital Trust to encourage Singaporeans to fund it. This will give … Continue reading →

Posted in Budget 2015 - new policies?, Cost of Living & Retirement Adequacy, CPF, Government, Govt's Budget, HDB Public Housing; affordability; EIP policy; and resale prices;, Medical & Health, MediShield Life mandatory medical insurance, Politics, Properties, Socialistic Policies | Tagged , , , , | Leave a comment

Mental health; Depression, mental disorders, emotional mood swings, compulsive sexual behaviour, epilepsy fit; All stem from the unseen. A Mumbai psychiatrist, a practitioner of the Divine Light gives the Divine Light to his patients; Educate and start from young in schools for our youths to have strong mental health and grow to be brilliant young adults; No one has to die due to depression;

Posted on August 14, 2014 by tankoktim

========= Death due to depression is one death too many, needlessly. Enough is enough. Who around the world or on this rock will hesitate to ask? Or, dare not ask. Who will be the first to ask? Killing own self… … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, CPF, Divine Science. Man-made human science, Education; What is Complete Whole Person Education?, Fate, Destiny, Accidents & Coincidence, Food & Drinks; hawker centres; foodcourts;, Lee Kuan Yew's Legacy [His life 1923-2015], Medical & Health, Religions and Faiths, Social issues, Socialistic Policies, Spiritual First - then mental then physical | Tagged , , , , | Leave a comment

IPS : Forum on CPF and Retirement adequacy; Raise the CPF rates for the elderly workers? Topping up the RA account; Have a CPF RA Topping Up Fund;

Posted on July 24, 2014 by tankoktim

======== . 70,000 take advantage of the Matched Retirement Savings scheme; $40 million in top-ups. August 21, 2021 Joshua Teng in sgmatters.com 70,000 CPF members will receive about $40 million in matching grants from the Government in January 2022 for the cash top-ups … Continue reading →

Posted in Budget 2015 - new policies?, Business & Finance, CPF, Nation Building, Politics, Security, Social issues, Socialistic Policies | Tagged , | Leave a comment

CPF Minimum Sum; How can one withdraw 100%, every cent from the CPF account and close it?

Posted on July 9, 2014 by tankoktim

========= . How to get 100%, every cent of your money from your CPF account? Easy. ========= . One basic CPF rule that has not been changed by the Govt. Do you wish to cash out your CPF for good, … Continue reading →

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