NTUC’s “gift” - helping the poor or blatant exploitation?

Theonlinecitizen
12 Apr 2008
Leong Sze Hian and Andrew Loh

The National Trades Union Congress just announced a $4 million worth of assistance for 80,000 low-wage workers under the new discount vouchers scheme.
According to the Straits Times report, “NTUC’s $4m gift to less well-off workers”, the ST says:

“In all, about 80,000 lower-income union members can apply for these vouchers from NTUC.”

It goes on:

“Each voucher gets them a 5 per cent discount for every $10 spent at six NTUC cooperatives, including its childcare centres and pharmacies.”

Now, before we all start cheering the ostentatious generosity of the NTUC, read the report closely.

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