At a state media Straits Times book launch event yesterday (Feb 9), Deputy Prime Minister Tharman Shanmugaratnam called for Singaporean elderly to work as long as possible. According to the S$1.1 million-a-year PAP Minister, working gives Singaporeans “meaning to life”.
The PAP elite who has never donated a single cent of his ill-gotten millions also rode on his moral high horse advising Singaporeans to “make kindness a way of life”:
“Singapore needs to enable its people to work as long as possible and to make lifelong learning a norm. Along with making kindness a way of life and getting involved in the community, these are the three components of living life to the fullest.”
Minister Tharman then made more holier-than-thou statements saying that work must be made interesting so people will want to work forever:
“First of all, work must be made interesting so that people will want to work as long as possible. In addition, work has to be re-envisioned as society ages; that jobs should change to suit the abilities of people and workers should have their contributions recognised. Age does take its toll on our brains and our bodies, but it can be resisted. And the way to resist it is to keep learning, stay active and continue to contribute.”
There has been increasing resentment among the working population over the withdrawal of CPF retirement funds, which has been repeatedly delayed and extended. The ruling party government ostensibly claimed that the new CPF rules like demanding increased CPF payments for elderly is to grow one’s retirement fund, but they refused to raise basic interest rates that has been stuck at 2.5% over the past 17 years.
CPF funds are managed directly by dictator Prime Minister Lee Hsien Loong, who sits as the Chairman of sovereign wealth fund company GIC. The dictator also sets the interest rates, Withdrawal Age, Minimum Sum withdrawal limits and all rules of CPF.