Tag Archives: CPF

Temasek Holdings has increased its net portfolio value from $242 billion (US$180 billion) to $275 billion (US$197 billion). This means Temasek's Total Shareholder Return is 13.4% this year, a bounce upwards from a 9% decline from a dismal performance last year.

In yet more signs that the Singapore Professional football scene is going downhill towards a self oblivion, S.League club Tampines Rovers are in the news again for all the wrong reasons. They were caught in a cash flow problem last April, and the latest reports coming out indicated that the CPF Board is looking into the club's CPF contributions to staff, and their former sponsor, Komoco Motors, are also recalling a $190,000 loan. They are also reportedly facing a repayment of a $756,000 "sponsorship credit line" from Taiwanese tech company Nogle, starting next year. Tampines Rovers have repeatedly said that all these issues will be settled, as they were involved in the Asia Cup matches, which takes up a lot of their administrative time. The problem with this line of argument is that, if you are a professional outfit, shouldn't you be able to manage your time and resources better?

The suspicions of the people over our hard-earned CPF savings would not have arisen if the PAP had not reneged on its promises and, worse, kept Singaporeans guessing on how these funds are being managed. Such an approach needs to be corrected which is not a difficult thing to do. What we need is for the GIC to be fully accountable to the people and for the Government to keep its promises.

When I was formerly employed by a new start-up now defunct ISP company a few years ago, I reluctantly allowed the director to temporarily not contribute CPF as he claimed he needed the funds to roll and tide the company through the initial year as this is also the practice of hawkers towards their stall assistants.

I'm looking for an iPhone 6 Space Grey in a marble looking cover, with IMEI no ending with 17751. Left it at CPF Tampines E lobby kiosk on 18 April at around 230-3pm. If you are the one who took it, please return to me. I'm willing to buy it back from you as it is very important to me.

The Central Provident Fund Board (CPF Board) has admitted to an error that saw $1.7 million in tax payers money being channeled to the Medisave accounts of 885 babies who were not citizens at birth. All Singapore citizens receive $4,000 Medisave Grant for Newborns (MGN) in their CPF Medisave account as part of the Marriage and Parenthood Package.

This is an issue that has always troubled me. The amount to set aside is highly uncertain depending on how parents die. A slow death will cost a bomb not only in terms of money but in time and energy as well. No matter what, this is a burden that MUST be borne if we call ourselves decent human beings.

Prominent CPF activist and blogger Roy Ngerng has left Singapore to work in Taiwan, says socio-political commentator and president of MARUAH Leong Sze Hian. Roy Ngerng has been quiet on Facebook in these past months, but his instagram account (@ROYNGERNG) suggests that he is indeed in the Republic of China.

i notice some company paying around the same rate of pay to FT worker and Singaporean worker, just like my pass job in kitchen my company paying me 2k a month and FT worker also 2k and we are the same rank in work. But after CPF i only receive $1,599 and the FT receive $2,000 and don't need to pay CPF is that fair to Singaporean?

I’m writing to question and hopefully clarify the purpose of the Medisave scheme. Both me and my wife are self -employed and are required by law to contribute almost $5,000 each to our Medisave accounts annually in cash. Just how does Medisave help us? We found out the hard way that the Medisave scheme is causing us more financial burden instead of helping us. cpf