Singapore Democrats, 11 Jan 2009
It was recently reported that Singaporeans have the lowest retirement income from pension savings in the Asia-Pacific region. And yet, through the CPF scheme, we are the biggest savers in the world. What gives?
This issue is discussed in Dr Chee Soon Juan's latest book A Nation Cheated which Singaporeans continue to buy the publication in numbers as Kinokuniya Bookstore makes yet another order of the book (its ninth).
The economic deterioration and the recent revelations of the financial scandals in the US are heightening the fears of Singaporeans that they are not being told the truth, the whole truth and nothing but the truth about their savings.
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