Major CPF policy shift on the way

[brattzz]

ya, taking $1 each time for 10 times/year.. is more painful than taking $5 x 2 times/5 yearly..

[Contrarian]

> Major CPF policy shift on the way Govt to allow partial withdrawal in lump sum for those 65 and above

If the GE 2011 had not resulted in a catastrophic loss of a GRC, they would not have listened.

This time round, the cabinet sat down and see from the PEOPLE'S PERSPECTIVE. In the past, they will not listen.

And by making a small concession of 20%, they addressed this possible election hot topic AND win some votes.
And on top of it, they have a panel to discuss, and will make consultation.

It is a good move that win in all aspects. But also a move driven by political gains (as with ANY PARTY)

[brattzz]

Our Cabinet is full of people nmp/mps/mayors/ministars..etcs, with many many directorships, etcs... who will never-ever need the minimum sum, what 160k??/200K?? to them?!! small ka-chings!!... be'cos their remuneration package is so much MORE!

talk about blind spots sia!

[violinist]

But if this thing eats into their votes, it will potentially affect all their future ka-chings. Guess that's why they cannot just sit on their kar chngs and do nothing.

[Contrarian]

> it will potentially affect all their future ka-chings. Guess that's why they cannot just sit on their kar chngs and do nothing.

They are very smart now.

From CPF to healthcare to stat boards bouncing left to right to FTs to hawker centre to child-care to housing to hospitals, they addressed almost every single burning issue.

Only the transport train and taxi problem is a mess. And the teething problem of mid-to-high end FTs occupying jobs remain.

That's why they are WORLD CLASS FIRE FIGHTERS. But not world class CREATORS...

The only few key world class I would say is their creation is the PARKS and the LIBRARY

[brattzz]

so now we have a "reactive" garhment??

[LionFlyer]

There's effectiveness and perceived effectiveness.

I don't really think the CPF system needs a complete overhaul to deal with effectiveness, but to deal with the perception issue.

Our Min can calmly explain in Parliament how things work (no doubt carefully planned by a staffer), but the guy on the street remains clueless. They are slowly coming to realize that this is not a matter of more comms, but they need to make it idiot proof and effective.

[LionFlyer]

There's effectiveness and perceived effectiveness.

I don't really think the CPF system needs a complete overhaul to deal with effectiveness, but to deal with the perception issue.

Our Min can calmly explain in Parliament how things work (no doubt carefully planned by a staffer), but the guy on the street remains clueless. They are slowly coming to realize that this is not a matter of more comms, but they need to make it idiot proof and effective.

[Contrarian]

so now we have a "reactive" garhment??

1. They are now very responsive to POLITICALLY sensitive topics.

2. It also shows that they are willing to accommodate some topics that receive "NO DISCUSSION, IT'S NO" stands in the past.

3. Maybe some people advised the leaders to put themselves in citizens' shoes. "If you are a citizen with $200,000 of CPF, how will you feel the effect of your own policy?"

There are some areas they are VERY PROACTIVE -

1. SELF SUFFICIENCY IN WATER, FOOD AND ENERGY.
2. Balancing the Budget year after year.

#2 is proving more and more challenging. I dont think they can put off a GST rise in 10 years.

[pianist]

the job bank how effective is it to be?