Poster calling attention to four demands I have just listened to Roy Ngerng’s speech delivered at Hong Lim Park, Singapore, on 7 June, 2014. All 46 minutes of it. For those interested, there is a transcript plus a Chinese translation posted on his blog at The Heart Truths. This CPF (Central Provident Fund) minimum sum […]
PENSIONS & RETIREMENT FUNDS – A LOOMING CRISIS? Read More »
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
BANKRUPTCIES AND BAIL-OUTS BITE INTO OUR RETIREMENT BENEFITS Read More »
Braving the cold at a Christmas fair in Cologne. My first visit to Germany was in December 1998. Last month, I returned for a more leisurely visit. During my one week in Cologne, I had the opportunity to talk to some senior citizens about how they viewed retirement. One can learn a lot from such
FEELING THE COLD AND THE PINCH IN GERMANY Read More »
