NTUC calls for review of CPF wage ceiling

[crazycow]

https://www.straitstimes.com/singap...gn=stfb&utm_medium=social&utm_source=facebook
SINGAPORE - The National Trades Union Congress (NTUC) is calling for Central Provident Fund (CPF) contribution salary ceilings to be reviewed to ensure middle-income workers have enough retirement funds in their accounts.

This will allow CPF savings to keep pace with wage growth, and it is one way the labour movement is looking to improve retirement adequacy for workers here, said NTUC deputy secretary-general Heng Chee How on Tuesday (Feb 15).

CPF salary ceilings were last raised six years ago, when the Ordinary Wage ceiling went up from $5,000 a month to $6,000 a month

 

[lifeafter41]

Raise it to S$55,000……

 

[LostandFound87]

lai liao lai liao

 

[williewombat615]

Wah lao, cost increase plus take home pay decrease is like 落井下石.

CPF not enough to give out to current bunch of retirees, izzit?

 

[DarkBlue]

aiya waste time, raise to $1T la

 

[Vegitto]

Cpf no money liao, need to up ceiling to collect more

 

[junlove]

er.. how about trying to find ways to raise their pay instead?

 

[AZE]

Aiyah waste time.
Just do
1) No wage ceiling until RA/SA limit reached
2) All CPF contributions gosh towards filling up RA/SA and MA, only when both are maxed up would it overflow into OA

Then everyone RA/SA/MA gao gao, can onself pay for own retirement and medical bills.

 

[zzangiefzz]

Behind NTUC is Zeus party

 

[proton_cannon]

those earning 6k and above are more likely to be able to plan their finance better? no?

Why need to increase ceiling to "Help Them" as described by NTUC!!

HELP!!!!

 

[middleclass]

those earning 6k and above are more likely to be able to plan their finance better? no?

Why need to increase ceiling to "Help Them" as described by NTUC!!

HELP!!!!

GST increase is to help the poor

They are helping everyone

 

[crazycow]

Aiyah waste time.
Just do
1) No wage ceiling until RA/SA limit reached
2) All CPF contributions gosh towards filling up RA/SA and MA, only when both are maxed up would it overflow into OA

Then everyone RA/SA/MA gao gao, can onself pay for own retirement and medical bills.

Shouldn't even allow OA to be used for housing...

 

[HappyCanOrNot]

cpf Bankrupted?

 

[DulanMax]

Aiyah waste time.
Just do
1) No wage ceiling until RA/SA limit reached
2) All CPF contributions gosh towards filling up RA/SA and MA, only when both are maxed up would it overflow into OA

Then everyone RA/SA/MA gao gao, can onself pay for own retirement and medical bills.

Pls dont give them ideas...

 

[lifeislame]

issue free weight scing machine to each winkie to help them check


Read HWZ Forum Rules!

 

[HappyCanOrNot]

Fug off la ntuccccc

 

[Quala98]

Maybe those brains at NTUC earns more than 10k, so they think it's fine


Read HWZ Forum Rules!

 

[wwenze]

Two years of army serve for free

But RA worth $190k also cannot give to the people who served

 

[tJ3333]

Thank you for the pay raise lor.

 

[KnyghtRyder]

Wage increase.. what wage increase.. ?

But agree that under current structure that retirement funds might not be enough.. whether that means wage ceiling should be increased or whether other schemes should be put in place to enhance retirement fund savings is still up to debate in my opinion.