Ill-Advised? PM Lee Wants Singaporeans to Work till We Drop
-
Reposted from Redwire Times Singapore
Singaporeans will have their retirement age extended to beyond 65 years old, if Singapore Prime Minister Lee Hsien Loong has his way. Prime Minister Lee said in his May Day rally speech that he fully supports ongoing tripartite discussions to extend the retirement age. Currently, the minimum retirement age in Singapore is 62 years old.
Prime Minister Lee is either out of touch, or ill-advised. A recent Randstad survey shows that 4 out of 10 Singaporeans want to retire at the age of 55 years old. That’s close to half of our workforce! That shouldn’t be surprising, considering that we clock the longest working hours in the world – an average of 2400 hours a year.
Rather, most Singaporean workers cannot afford to retire. Only 11 percent said they wanted to retire around the age of 65. Still, More than 60 percent of believe they have to continue working till past 60 years old. That shows that we know we have no choice in order to make ends meet. As Deputy Prime Minister Tharman Shanmugaratnam pointed out, less than 50 percent of Singaporeans can meet the Minimum Sum in their CPF.
Still, Prime Minister Lee claimed that the union leaders he had met recently claimed that older workers wanted to continue working beyond 65 years of age. They said the older workers would prefer to stick to their job, with the same wage. But Prime Minister Lee replied that they should be prepared to do suitable jobs with reasonable pay, in spite of help from the government. Prime Minister Lee added that workers should constantly upgrade themselves and learn new skills to fend off competition. Talk about adding insult to injury!
-
He wants to squeeze every ounce of blood from us till the day we die.
-
Don't work how to afford cai png?
How?
You think singaporeans all earn million dollar salary?
-
-
Too bad,it's the same in all the 'developed' countries as they are called. In Germany and France now they too want to make it 67 &70. Better move to China.
-
Originally posted by Bio-Hawk:
Too bad,it's the same in all the 'developed' countries as they are called. In Germany and France now they too want to make it 67 &70. Better move to China.
But their ministers are not paid millions.
-
Originally posted by charlize:
But their ministers are not paid millions.
Be a minister in SG then
-
How can the rich understand the sufferings of the poor?
-
Originally posted by charlize:
But their ministers are not paid millions.
they are millionnairs become becoming politicians, and become ministers.
-
Originally posted by charlize:
How can the rich understand the sufferings of the poor?
I am very poor and nobody seems to understand me.
-
Originally posted by sgdiehard:
I am very poor and nobody seems to understand me.
You need to work harder.
And be cheaperer betterer fasterer.
-
Its most likely a balancing issue.
productivity
retirement age
immigration
fertility
imo increasing fertility would be best... but sg is quite stressful
-
Originally posted by Bio-Hawk:
Too bad,it's the same in all the 'developed' countries as they are called. In Germany and France now they too want to make it 67 &70. Better move to China.
Ya lor, there is perfectly nothing wrong with PAP. PAP can do all they want, right?
Please don't drag other countries in. Your govt super thick skin and greedy does not mean govt from other countries are the same.
Sbblycljkzw ....... tway hong kia ....
-
Originally posted by SJS6638:
Ya lor, there is perfectly nothing wrong with PAP. PAP can do all they want, right?
Please don't drag other countries in. Your govt super thick skin and greedy does not mean govt from other countries are the same.
Sbblycljkzw ....... tway hong kia ....
You do understand that the tax in Sg is very less.If everyone clamours for a social security system like in EU, the tax also become 30%-50%.Can or not?
-
Charlie better works for his cai png till 65
-
Originally posted by Cowboyjohnnylah:
Reposted from Redwire Times Singapore
Singaporeans will have their retirement age extended to beyond 65 years old, if Singapore Prime Minister Lee Hsien Loong has his way. Prime Minister Lee said in his May Day rally speech that he fully supports ongoing tripartite discussions to extend the retirement age. Currently, the minimum retirement age in Singapore is 62 years old.
Prime Minister Lee is either out of touch, or ill-advised. A recent Randstad survey shows that 4 out of 10 Singaporeans want to retire at the age of 55 years old. That’s close to half of our workforce! That shouldn’t be surprising, considering that we clock the longest working hours in the world – an average of 2400 hours a year.
Rather, most Singaporean workers cannot afford to retire. Only 11 percent said they wanted to retire around the age of 65. Still, More than 60 percent of believe they have to continue working till past 60 years old. That shows that we know we have no choice in order to make ends meet. As Deputy Prime Minister Tharman Shanmugaratnam pointed out, less than 50 percent of Singaporeans can meet the Minimum Sum in their CPF.
Still, Prime Minister Lee claimed that the union leaders he had met recently claimed that older workers wanted to continue working beyond 65 years of age. They said the older workers would prefer to stick to their job, with the same wage. But Prime Minister Lee replied that they should be prepared to do suitable jobs with reasonable pay, in spite of help from the government. Prime Minister Lee added that workers should constantly upgrade themselves and learn new skills to fend off competition. Talk about adding insult to injury!
like his father 90 year old? I have one old grandmother 101 year old this year still alive kicking no need help. can cook good curry and baw ka luck. one uncle almost 90 another grandmother 92 and one more 95. and there are five in the 80s, 7 or 8 in the 70s, me 40s heehee
-
Originally posted by Bio-Hawk:
You do understand that the tax in Sg is very less.If everyone clamours for a social security system like in EU, the tax also become 30%-50%.Can or not?
Young Germans fresh from the U just started working are paying 45% income tax, for the social security of the older generation. Their worry is, when they become older, would they be younger generation to pay tax to sustain them?
I believe our government is doing the right thing, no matter what others say. We pay little tax, and we look after our money, and our old age. What is needed is a good medical cost management.
-
PAP DIE HARD FAN. Hahahahaha ......
-
You all lazy bums. Don't want to work, then what are you going to do ?
å�ƒé¥±äº†ç‰æ» ？
or everyday go Geylang and harrass the ladies there with your old， freckled and saggy dick, so disgusting lor.
-
Originally posted by SJS6638:
PAP DIE HARD FAN. Hahahahaha ......
Dun like that lah people relies on them for survival one... If him own self kena the problem le Skarly he become even more anti than you hor haha
-
-
Originally posted by Hope4singapore:
Dun like that lah people relies on them for survival one... If him own self kena the problem le Skarly he become even more anti than you hor haha
I anti PAP. I have praise for them, I anti PAP. You gotta be joking. That one is from malaysia. He supports pappies all throughout. He used to be aggressive to defend pappies. Now he does it the subtle way.
-
Originally posted by Hope4singapore:
Dun like that lah people relies on them for survival one... If him own self kena the problem le Skarly he become even more anti than you hor haha
rely on PAP for survival? I vote for keeping my own pay cheque and pay less taxes. I don't depend on the garbman for handouts, I don't envy others get more pay as long as I get to keep my pay rather than giving it to subsidize some lazy bumps..
-
I wonder who are the lazy bumps in sg .......
-
Originally posted by sgdiehard:
rely on PAP for survival? I vote for keeping my own pay cheque and pay less taxes. I don't depend on the garbman for handouts, I don't envy others get more pay as long as I get to keep my pay rather than giving it to subsidize some lazy bumps..
Ok so u admit u vote for keeping your own pay cheque - for survival on your pay check haha dun say I put words in your mouth