NMP CHIA YONG YONG KNOWS NOTHING ABOUT CPF & ITS HISTORY

Dear Fellow Singaporeans,

According to one of the latest crop of NMP’s Ms Chia Yong Yong she is uncertain whether CPF money is her money.

If she is so uncertain what would she do if one of her ex-employers Ramdas and Wong were to put a claim on her CPF on the grounds that she has not been judicious in spending her withdrawn CPF?

What would she do if our government were to claim back what it had contributed to her account in the good budget years?

Would she appeal to the High Court and argue that such acts are not only unconstitutional and illogical but undermines the very faith that Singaporeans had placed in their little piggy bank for the past 50 years?

If Ms Chia Yong Yong lies prostrate and allows her ex-employer and the Singapore government to take back what is not hers then there is nothing much we can do to help her

But for the rest of us who are not NMP”s and not beholden to the powers that be we must state loudly and clearly that we do want our CPF money back and the sooner the better. If these so-called NMP’s were to ever control Parliament then at the stroke of a pen or at a drop of a saliva our CPF money can vanish into the deep blue sea. No matter how judicious we want to be we will end up as beggars depending on our government on more handouts.

With due respect to Ms Chia she ought to go back to the history of the establishment of CPF and she ought to revisit the How Yoon Chong Report that proposed that the CPF money be released at age 60 but because of a cowardly government that did not dare to take the bull by its horns and instead initiated the so-called Back Door Minimum Sum Scheme this resulted in the current quandary that we are in.

It is not as if I do not respect the intellectual integrity and professional prowess of our NMP’s but the more besieged our power holders are the less rigorous are the standards of NMP selection. Gone are the days of Walter Woon and Dr. Kwanwalit Soin who can help justify this rather undemocratic institution. But ultimately if the NMP catch is neither “fish nor fowl” and not accountable to the people then whatever they sprout in Parliament must be taken with a big pinch of salt.

Yours Sincerely,
Patrick Low

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