Monthly Archives: April 2018

Total annual income of PM Lee exceeds $3.3 million

Singaporeans have been fooled by the PAP.  Nowhere in the world do government leaders concurrently receive millions in salary and a pension. PM Lee comes to mind. According to the Parliamentary Pensions Act: (2)  The annual amount of pension payable to an … Continue reading

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Did Pension Fund increase by $1.8 billion since 2004 to enrich PAP elites?

The pension scheme for most civil servants was scrapped more than 30 years ago.  Strangely, the PAP government retained the scheme for MPs (till 1995) as well as thousands of PAP elites. After the loss of a GRC in 2011, PAP was forced to … Continue reading

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The $40 million question: Did 9 PMO political appointment holders receive $40 million in FY2010?

Dear PMO I have gone through a number of past budget statements and would like to seek clarification on the  $40 million expenditure on 9 PMO political appointments in FY2010.  $40 million is a hell lot of tax dollars lavished … Continue reading

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GIC confirms abuse of CPF

CPF monies are state reserves managed by GIC primarily to benefit the government, not CPF members. This was confirmed by GIC in 2015: (link) Questions which thinking CPF members should ask the PAP government: 1. Why is the PAP government using … Continue reading

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Majority of Singaporeans will soon wake up to a retirement nightmare

After legislating CPF as government reserves, CPF retirement savings no longer belong to members: they belong to the government. This is the reason why CPF members have no recourse when PAP creams off a huge portion of CPF returns earned … Continue reading

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