PAP ‘recognises’ efforts of NSFs/NSmen by channeling funds to GIC?

When it comes to money, PAP loves to ‘help’ by dishing out millions in CPF dollars, ultimately benefitting GIC.  Workfare is of course not the only example.

In 2014, PAP introduced the NS Home Awards to recognize the efforts of NSmen:  they will have received $15,000 to $16,500 by the time their reservist obligations are discharged.

As with such schemes, Singaporeans should be wary of PAP’s hidden agenda.  In this case, an estimated 90% of funds will be channeled to … GIC.1ns1

NS Matters

Recognition by MINDEAF could have been in the form of cash but this would not benefit PAP (GIC in this case) in any way.

Assuming 50,000 NSmen receive $5000 and complete a milestone every year, GIC would have additional funds of $250 million annually!

Anyway, isn’t the $15,000 to $16,500 also peanuts compared with the financial sacrifice of  doing NS?

This entry was posted in NS, POLITICS. Bookmark the permalink.

1 Response to PAP ‘recognises’ efforts of NSFs/NSmen by channeling funds to GIC?

  1. Xtrocious says:

    I didn’t receive a single cent, not even a watch when I ORDed

    Called their hotline and still got cheek to tell me not every NSmen will get

    Glad I didn’t take up their offer to extend my reservist

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