If govt say they cut all minister's salary and scrap the pension scheme. Then I will clap.
But did the government consider this:the govt said that at the present CPF is not enough for those who will be retiring in the next two decades and yet CPF is being cut so that employees can remain employable. So what's up next, govt? Any better ideas as there will those elderlies commiting suicide due to minimal CPF.
Workers, employers and government must broaden tripartite partnership: PM Lee
By Wong Siew Ying, Channel NewsAsia | Posted: 24 January 2007 1737 hrs
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SINGAPORE: Workers, employers and the government must broaden the tripartite partnership, said Prime Minister Lee Hsien Loong.
Mr Lee was speaking to some 500 unionists and business leaders at the inaugural Singapore Tripartism Forum.
He said the forum will provide a platform to raise issues, generate ideas and forge consensus.
He urged tripartite partners to act together, move decisively and preempt future problems, and emphasized the importance of building on the trust and confidence nurtured over the years.
Mr Lee said it is this trust that made tripartism work for Singapore, and the link between unions and government is key to addressing issues, and employers must also continue to engage the unions for a win-win outcome.
During the speech, Mr Lee said Workfare and GST are 2 major items on the upcoming budget, which will comprise a help package to aid lower income families. However, the middle and higher income groups will not be left out.
He also highlighted that the Manpower Ministry is working on the proposal to raise employer CPF contributions.
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On the challenges ahead, Mr Lee put it down to globalisation and the widening income gap, and the way to tackle these problems include growing the economy, restructuring, skills upgrading, and educating the new generation.
Still, Mr Lee is confident Singapore is on the right track, but he warned against complacency, urging tripartite partners to make bold changes to prepare for the future. - CNA /dt