On 14 September 2023, Dr Tan Cheng Bock, former People’s Action Party (PAP) MP and founder of the Progress Singapore Party, publicly expressed concerns over the estimated S$335 million cost for the Founders’ Memorial.

In a detailed Facebook post, he questioned the necessity of such an extravagant expenditure and referred to the late Prime Minister Lee Kuan Yew’s known opposition to monuments in his honour.

Dr Tan highlighted a poignant moment from Lee Kuan Yew’s eulogy, delivered by his grandson, Li Shengwu, on 29 March 2015.

Li recalled how, when it was once suggested that a monument be built for him, Lee Kuan Yew had responded, “Remember Ozymandias.” This reference was to a sonnet by Percy Bysshe Shelley about Ramses II, in which a traveler encounters the ruins of a once-grand statue in the desert. The statue bore the inscription: “My name is Ozymandias, King of Kings; look on my works, ye mighty, and despair!” But nothing else remained of the empire.

Li Shengwu reflected that his grandfather’s remark underscored his belief that if Singapore failed, a monument would be useless, and if it thrived, a monument would be unnecessary.

“His legacy is not cold stone, but a living nation. We could no more forget him than we could forget the sky,” Li said, adding that Lee Kuan Yew’s enduring contribution lay in the strong institutions he built, which persist beyond the individual and ensure Singapore’s stability.

In his post, Dr Tan echoed these sentiments, questioning whether spending S$335 million on a memorial aligned with the founding leaders’ values.

He suggested that the funds might be better spent addressing pressing national issues, particularly healthcare, as Singapore’s population continues to age. Dr Tan, who served for decades as a practising doctor, called for investments in a home care system, noting that such a move would reduce the strain on hospitals while improving the well-being of the elderly.

The estimated S$335 million figure was revealed during a Parliamentary session on 9 September 2023, in response to a question posed by Louis Chua, a Workers’ Party MP for Sengkang GRC. Minister for Culture, Community and Youth Edwin Tong provided the cost breakdown, explaining that the figure covers construction, the fit-out of exhibition galleries, a viewing gallery, an outdoor amphitheatre, family spaces, amenities, and a five-hectare outdoor garden.

Mr Tong added that the final operating costs for the memorial are still being worked out alongside the development of operational plans.

Notably, Mr Tong’s disclosure did not include land costs.

Lee Hsien Yang, son of the late Lee Kuan Yew, also responded to Dr Tan’s post, pointing out that the five-hectare site in Bay East Garden could significantly increase the overall cost.

He noted that a nearby plot of land at Marina Gardens Crescent, measuring about 1.5 hectares, was tendered earlier in 2023 but rejected for a bid of S$984 per square foot, deemed too low by the Urban Redevelopment Authority (URA). Based on this price, the value of the land for the Founders’ Memorial could exceed S$500 million, pushing the overall cost of the project even higher.

The Founders’ Memorial, initially slated for completion in 2025 to coincide with Singapore’s 60th birthday, is now expected to open by the end of 2028. The project was delayed due to extensive infrastructural work at its Bay East Garden location and disruptions caused by the Covid-19 pandemic. The twin two-storey buildings, designed by Kengo Kuma & Associates and Singapore’s K2LD Architects, will house an integrated gallery and public gardens, intended to serve as a space for reflection on Singapore’s past and inspiration for the future.

While Minister Tong emphasized that the memorial aims to capture the spirit of the nation and foster unity, Dr Tan urged that the focus should remain on practical solutions for Singapore’s future. He argued that a simpler, more humble memorial would be more in line with the founding leaders’ values, allowing the remainder of the funds to be redirected toward initiatives that benefit the nation’s aging population.

SINGAPORE: Associate Professor Jamus Lim, Workers’ Party Member of Parliament for Sengkang GRC, has offered his take on the SkillsFuture Jobseeker Support Scheme (JSS), which he describes as the People’s Action Party’s (PAP) equivalent of unemployment insurance.

The JSS, unveiled with more details during Prime Minister Lawrence Wong’s National Day Rally speech on 18 August, has sparked comparisons with the Workers’ Party’s own long-standing proposal for redundancy insurance (RI), first introduced in its 2006 manifesto.

In a 12 September Facebook post, Assoc Prof Lim emphasised that the WP had been advocating for a redundancy insurance scheme for almost two decades, providing substantial details on it in their 2016 policy paper.

“We’ve been thinking about the issue for a while now,” Lim stated, adding that the WP’s proposal has been part of global best practices for advanced economies for nearly a century.

Assoc Prof Lim dismissed the PAP’s argument that the JSS is not unemployment insurance.

He pointed out that the differences the PAP cites—such as JSS being tied to job-seeking conditions and funded from general revenue rather than payroll taxes—are inconsequential.

“Tax revenue is fungible, so it all comes from the people anyway,” Assoc Prof Lim explained.

He argued that funding the scheme from general revenue might even make it less equitable, as it could potentially shift the burden onto non-workers to subsidise workers.

The Workers’ Party’s version of redundancy insurance, Assoc Prof Lim highlighted, envisioned a shared responsibility between employers, employees, and the government to ensure fairness and sustainability.

“We do believe in tripartism,” he remarked, underscoring that society should bear the responsibility for protecting its workers.

One of the central points in Assoc Prof Lim’s critique was that tying financial support to job-seeking efforts is standard in unemployment schemes globally, including in Singapore.

Assoc Prof Lim Addresses Concerns of Dependency, Calling Them Overblown

He acknowledged concerns that such a scheme might lead to dependency, but deemed these fears exaggerated.

“Most people, even in the West, do find value and meaning in some form of work,” he noted.

In discussing the design of unemployment insurance systems, Assoc Prof Lim pointed to the importance of balancing the duration of support with the amount provided.

While too long a tenure or too large a payout could discourage a return to the workforce and allow skills to erode, too little would leave workers struggling to cover household expenses during critical periods.

The WP’s redundancy insurance proposal included a payout of 40% of the last drawn income for up to six months, which Lim described as a “solid-but-not-excessively-generous” sum.

Although this amount is lower than what is typically found in advanced economies, and the duration is shorter than the OECD average of one year, he highlighted that it reflects Singapore’s shorter unemployment spells of around two months.

Assoc Prof Lim also suggested the introduction of greater flexibility in accessing redundancy insurance funds.

By allowing the unemployed to “front-load” their payouts, households would have more breathing room to adjust their expenses during difficult transitions.

With the JSS set to be debated in Parliament, Assoc Prof Lim reaffirmed the Workers’ Party’s commitment to advocating for expanded safety nets for Singapore’s workers.

“Whether you call it JSS or RI or something else, expanding the safety net for our workers is something that the Workers’ Party will always be fighting for,” he concluded.