Saturday, May 14, 2011

PAP ministers start collecting pensions at age 55 EVEN IN OFFICE

It only happens in clean, un-corrupt Singapore..

For some funny reasons BG Teo Chee Hean, often thought of as the successor to BG Lee, the current Prime Minister, revealed that PAP ministers start collecting pensions at age 55 even while they were in office. The guidelines were quite specific..they must be Ministers and PAP members.

It creates an almost ludicrous and comical scenario. Singapore citizens are kept so busy working their arse off...paying close to 40% of their incomes into a Central Provident Funds, whose money they can only take out in trickles after the age of 65....and the Minister of PAP earn millions in Salaries, plus Bonuses, Directors fees sitting on State owned Companies Boards, and now Pensions???

What else will the citizens of Singapore discover next?

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