First, let's do some math.
[Warning: Heavy computation ahead.]
[First Drafted in Jan 2021]
So the govt has a matching top-up scheme (Jan 2021) to help Singaporeans aged 55 to 70 who do not even meet the Basic Retirement Sum in their CPF.
It's capped at $600 a year.
Up to 5 years, so technically, it's capped at $3000.
For reference the Basic Retirement Sum (BRS) is currently $96,000. (those turning 55 in 2022)
Every few years, some bright (and not so bright) mind will have an epiphany (or what he, or she thinks is an epiphany) and suggests the revolutionary idea of NS for Women. Like it is an incredible and groundbreaking idea. Defence Minister Ng Eng Hen has put paid to the idea.
"The minister pointed to how some had suggested, during the debate on the White Paper on Singapore Women’s Development, that women be enlisted for reasons of gender equality, in potential roles like nurses or teachers.
“Having reached this position of strength, should we for the sake of gender equality, now introduce NS for women?” he asked, highlighting how the Singapore Armed Forces (SAF), despite reduced manpower, has remained operationally ready by using technology and optimising resources.
“I think there are distinct pitfalls if conscription is implemented for any other reason than the critical need of military defence, whether it is for men or women.”
The “primary reason” for enlistment must remain to train a soldier who is able to defend Singapore, and to repel if not defeat an enemy who wants to invade the country, Dr Ng said...
“These are inadequate justifications or reasons to mandate that someone must suspend individual liberties as a civilian, give up two years of his or her life, and if they do not, they go to jail, as our courts have sentenced NS defaulters.”
![]() |
| Female recruits who will go on to become regulars at the Basic Military Training Centre on Pulau Tekong on Feb 11, 2020. (Photo: CNA/Try Sutrisno Foo) |
He goes on to state that there is no need to conscript women now. Yes, in times of emergencies, women, younger men (teenagers) and older men would be conscripted as was done in Ukraine. But we are not in that position today, and hope never to be.
Short answer: China is growing old. This is inevitable. In 1980, there were 3 times more people in their twenties than there were people in their sixties.
Now, the number of people in their sixties is almost as many as the number of people in their twenties. And there are fewer younger people (below 20) and more people in their fifties that will soon be in their sixties.
This is inevitable.
But, China could get rich, right?
Hot, Flat & Crowded is a book by Thomas Friedman who, as a book reviewer notes, "is a journalist, and journalists needs editors, and this book needs serious editing. It's 400 pages of small type. There's a 220 page book in here somewhere, struggling to get out."
This is not that 220-page book, but the highlights of the book.
First some explanations of the title.
The real issue is how we can control the cost of living - and, by implication, the labour component for businesses - and the rise of commercial rents, as well as ways to improve productivity.
I used to be amazed that a plate of fried rice in the United States could cost US$15 (S$19), and worry that this could happen in Singapore if inflation is not controlled.
the WP population paper... is actually a cupboard empty of original ideas. All its policy recommendations are borrowed ideas from existing or proposed policies of the PAP. Boosting the Total Fertility Rate (TFR), raising the Labour Force Participation Rate (LFPR) of women and keeping the elderly employed and active are policies that have been in place for several years.In other words, it is exactly the same as the PAP's proposal... but DIFFERENT!
"The Labour Force Survey 2012 found that there are 418,000 economically inactive residents of working age, of which 90,000 are willing to work. This is a valuable pool of labour that can be tapped."