Daily Archives: 2014-05-09

CPF Minimum sum: Retirement scheme, or money hoarding monster?

By SY Lee and Leong Sze Hian We refer to the announcement by the Ministry of Manpower and the Central Provident Fund (CPF) board that the CPF Minimum Sum will be raised to $155,000 from July 1. (press release) It states that the Minimum Sum will be raised to $155,000 for CPF members, up from $148,000 for those turning 55 between …

Read More »

Newsbites – AGC vs Alex Au part two, and money matters

AGC can take another shot at Alex Au: Court of Appeal The Court of Appeal yesterday granted permission for the Attorney-General’s Chambers (AGC) to appeal against the High Court’s ruling that it has no no basis to act against Mr Au, 61, over a blog post by Mr Au that AGC claimed “scandalised the judiciary”. The original charge was first …

Read More »

No change in recruitment policy: S’pore Police

The Singapore Police Force (SPF) is maintaining its current recruitment policy, said its spokesman. Superintendent Ho Yenn Dar, Assistant Director, Public Communications (Public Affairs Department), SPF, said that other than the Gurkha Contingent, the police recruits Singaporeans as regular officers. He added that “a small number of permanent residents (PRs) who have shown commitment to serve are also recruited.” “The …

Read More »