SeniorsAloud

BANKRUPTCIES AND BAIL-OUTS BITE INTO OUR RETIREMENT BENEFITS

Much has been written in the media about General Motors filing for Chapter 11 bankruptcy protection on 1 June. Among the causes that helped topple the once-invincible GM were the pension bond and the retirement-trust obligation. As early as 2002, GM’s pension fund was already US$20m under-funded. GM is not the only one. Across the […]

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FINDING AND KEEPING A LIFE PARTNER

Having gone through a couple of failed relationships, I am certainly in no position to counsel the soon-to-be-(re)married or the soon-to-be-divorced. For those among us seeking to revitalize their marriage or contemplating a second marriage, here is some advice from marriage and family therapist, Dov Heller. Here are five questions you must ask yourself if

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MOTHER-IN-LAW OR MONSTER-IN-LAW?

A report in The Star yesterday probably had many mothers-in-law either squirming with guilt or fuming with anger. It published the results of a study undertaken in 2004 by the National Population and Family Development Board (LPPKN) that listed “meddlesome in-laws” as the number one cause of marital breakups in Malaysia. Mothers-in-law (MIL) have long

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A CALL FOR TRANSPARENCY IN PSD SCHOLARSHIP SELECTION

MCA President Datuk Seri Ong Tee Keat recently announced that the government would review the selection criteria for Public Services Department (PSD) scholarships. He revealed in The Star news report that PSD scholarship recipients were selected based on four criteria: merit (20%), race (60%), Sabah and Sarawak citizens (10%), and students from underprivileged groups (10%).

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