Compulsory Saving Scheme
Higher business cost, lower employability if raised CPF contribution for older workers - 09Feb2012Feb 09, 2012
SINGAPORE: Employers in Singapore say any hike in their CPF contributions for older workers would result in higher business cost. This in turn may affect the employability of older workers. The Central Provident Fund or CPF is a compulsory savings scheme for Singapore workers. The employers' CPF contribution rate is cut from 16 percent to 12 percent of a worker's pay when he turns 50. It falls to 9 percent when he turns 55, and is cut again to 6.5 percent at the age of 60. As Singaporeans live and work longer, there is a need to help them save more for retirement. That is why the labour movement has called on the government to raise employers' CPF contributions for older workers. But for employers, cost is naturally the biggest gripe. Mr Stephen Lee, president of Singapore National Employers Federation, said: "The overall cost of retaining older workers adds to the overall cost of doing business. It's possibly, I think, the number one concern of SMEs (small- and medium-sized enterprises) today." Others said it's not the right time for a hike in employers' CPF contributions. Mr Chan Chong Beng, president of Association of Small & Medium Enterprises, said: "A lot of people are not hiring, and not expecting to (do so). A lot of people are already complaining about rising business costs. I think we should postpone it (till) when times are better. And if there's a need to, then the increase should be very marginal." And that, Mr Chan said, should be less than one percent ...
Labour's Phil Goff on universal savingsAug 01, 2011
August 1, 2011: Labour Party leader Phil Goff hints at further policy on a universal savings scheme than the current KiwiSaver scheme.
Jurong Tripping 2 - JJ 27 April 2010Aug 01, 2010
Singapore's public housing scheme was to build public housing first and then sell them at rock bottom prices back to its own population, at a small profit (using everybody's compulsory saving and pension fund as collateral until paid up). The same basic idea was then applied to building government designed and financed medium size factories (inventing "flatted" factories, clusters of , small manufacturing spaces, with large freight elevators and power etc in multi story industrial complexes) near population centres. That concept spawned an amazing amount of local entrepreneurs and thousands of start-up companies that laid the foundations to Singapore's amazing industrial miracle from the 70s till today. The idea was that the population should be able to get to work, shop and live within an 10 minute commute from their home in or near the various industrial centres of the island. The mother of that concept was the Jurong Town Corporation :-(( haha - that was before the government dropped the idea of the "short commute" in favour of an over dose quota for private vehicles, which now clutter up the networks of super highways, connecting the satellite cities. It's California-style rush hour jams now, bumper to bumper across the island ... The short commute has given way to the privilege of private transport ...) However, today is Sunday morning ! I have chosen Singapore's day of rest and play to do my Jurong tripping. From my own printing factory, which has produced a ...
Smart Meters in Every UK Home by 2020 Part 2Feb 28, 2011
www.emfnews.org www.emfnews.org www.emfnews.org Consumers to benefit from savings achieved through increased awareness of energy use but householders likely to pick up some of the costs of the compulsory, nationwide scheme Every home in the UK must be fitted with a "smart meter" by 2020 to reduce energy use and pave the way for a low-carbon "smart grid", under plans unveiled by the government today. The new meters will send information on real-time electricity and gas use in households and small businesses direct to utility companies, eliminating the need for customers to stay at home for meter readings or to receive over-estimated bills. However, consumers are likely to pick up some of the costs of the compulsory, nationwide scheme. The government estimates putting smart meters in the country's 26m homes could save customers and energy companies £2.5bn-£3.6bn over the next 20 years, but says it will cost more than double this to buy and install the equipment. Launching a consultation on how the smart meters should be rolled out, the Department for Energy and Climate Change (DECC) claimed the scheme will be the biggest smart meter project in the world. "The meters most of us have in our homes were designed for a different age, before climate change," said Ed Miliband, the energy and climate change secretary. "Now we need to get smarter with our energy ... so it's important we design a system that brings best value to everyone involved. www.emfnews.org www.emfnews.org
Start saving for pensions, claims of record rise in 100 year olds (30Dec10)Jun 25, 2011
Some spectacular figures have been released that imply there will be nearly half a million over 100 year olds in the UK within a few decades. The government are buttering people up for another rape of pensions, if they were stupid enough to start one, or a compulsory tax disguised as pension savings. Either way, the government will steal more money from people to give to their friends in the crooked pension industry. The pension industry is dying because we have governments stealing from the pensions, and people refuse to put their money into a scheme that locks YOUR money into a company that takes a very hefty cut and leaves you with bugger all at retirement. Notice how the coalition HAS NOT removed the Gordon Brown £5bn a year rape from pension funds... and that's just the start of the government and pension companies theft. DO NOT EVER START A PENSION - IT IS LEGALISED THEFT. Recorded from BBC News Channel, 30 December 2010.
MahalFeb 17, 2012
Suspense hindi movie Mahal (1969) Dev Anand plays a asst/driver serving a rich man, Shyam babu in Kolkata. A poor man that he is, falls in love with a rich man's daughter( Asha parekh) amid some comical circumstances where both play hide and seek. He borrows Rs.35000 from a mysterious stranger to play the role of an estranged brother in law to a dying rich man in Darjeeling. What follows is a series of mysterious and baffling chain of events which plunge the hero into a deeper and ever deeper conspiracy. Good melodious songs and taut screenplay and suspense is kept up almost to the end, that makes it worth your time. A good watch for Dev anand and Mystery film fans!
The Singapore Experience.wmvAug 21, 2010
At the Healthcare in Asia Conference organised by The Economist Group on 30 March 2010, Minister Khaw shared on Singapore's approach to healthcare and how we created a hybrid that combined the best of both worlds from the US and British healthcare system
Coalition plans tax rise for 10m people for pensions (13Jan11)Jun 25, 2011
The coalition government is proposing a tax rise on 10 million people in the UK, who either cannot afford a pension, or more likely, do not want to give money to the crooks that run the various pension companies (including the government with it's illegal Ponzi scheme "National Insurance"). DO NOT EVER START A PENSION. The government and the pension companies massively benefit from suckers that start pensions. They pretend there are tax breaks today, then claw it all back when you take the pension. The savings are NOT yours, you have to buy an annuity, and that is subject to the taxman not being an asshole and stopping you drawing a pension - which he can and does do. The pension companies load heavy premiums onto a pension as "administration", which keeps them rich, and you with a shitty pension. Do not help to keep the pension companies and government rich, put your money into safer places (NOT property). Recorded from Sky News, 13 January 2011.
Thomas Chalmers - Here is the Conclusion of the MatterNov 04, 2011
Thomas Chalmers - Here is the Conclusion of the Matter 1 John 2:17 The world and its desires pass away, but whoever does the will of God lives forever. Ecclesiastes 2:11 Yet when I surveyed all that my hands had done and what I had toiled to achieve, everything was meaningless, a chasing after the wind; nothing was gained under the sun. The leader of the Free Church of Scotland; b. in East Anstruther, Fifeshire, Mar. 17, 1780; d. in Edinburgh May 30, 1847. The family to which he belonged was composed of middle-class people of the strictest type of Calvinism; and hence in his opening years, he received thorough indoctrination. He entered St. Andrews University when only eleven years old, and confined his attention almost exclusively to mathematics, but did not give up his original intention of becoming a preacher, and accordingly was licensed by the presbytery of St. Andrews Jan., 1799. His character early developed into maturity. Instead of beginning his professional work, he continued the study of mathematics and natural science; and during the winter of 1802-03 he acted as assistant to the professor of mathematics at St. Andrews. He showed an extraordinary power to awaken enthusiasm in almost any topic he took up; although it was this very fact which at that time cost him his place, the authorities disliking the novelty of his methods. He settled as minister of Kilmeny, nine miles from St. Andrews, May, 1803, and in the following winter, while preaching regularly ...
Labour policy raises the superannuation ageOct 27, 2011
Mä ngä kaupapa kë te roopu e whakatairanga, kaua mä te kanohi o te tangata. Koira te rautaki a Reipa mo tenei kowhiringa pooti. Na kona ano i whakarewahia ake ai e Reipa aana kaupapa here matua i te ra nei, hei kawe ia ia ki te raa pooti a tera marama.
Lancashire County Council - BudgetFeb 03, 2012
County Councillor Geoff Driver, leader of Lancashire County Council talking about our three year budget plan.
Energising the city (18 Nov 2010)Jan 16, 2012
UCL Lunch Hour Lecture: Energising the city Professor Yvonne Rydin (UCL Bartlett School of Planning) The hunt is on for how to make sure that energy consumption in urban areas is reduced and comes from more renewable sources. A major new project at UCL will be considering the contribution that decentralised energy systems can play in terms of carbon reduction and urban sustainability more generally. This lecture discusses the issues involved from cultural acceptance of new modes of engaging with energy systems to the complex interconnections between local, regional and national energy systems.
Post-Cabinet Press Conference - John Key PMJun 08, 2011
The Prime Minister's regular post-Cabinet press conference, with QA from media. Topics covered include • Welfare working group/Welfare reform • Budget 2011 • New Zealand dollar • EQC delays
Davos Annual Meeting 2010 - Rethinking Compensation ModelsJan 12, 2012
www.weforum.org 27.01.2010 A 2009 study revealed that 70% of the 200 largest companies (by market capitalization) in the S&P 500 Stock Index reported changes to their executive compensation programmes. How should compensation systems be redesigned in the wake of the "Great Recession"? Shumeet Banerji, Chief Executive Officer, Booz & Company, United Kingdom Mark Mactas, President and Chief Operating Officer, Towers Watson, USA Stephen G. Pagliuca, Managing Director, Bain Capital, USA Peter A. Weinberg, Founding Partner, Perella Weinberg Partners, USA Moderated by Adi Ignatius, Editor-in-Chief, Harvard Business Review, USA
YYCFL 2011-01-26 Calgary City Council - UE2011-02 Fluoride - January 26, 2011Feb 06, 2012
SPC (Standing Policy Committee) on Utilities and Environment. Items: UE2011-01 Glenmore & Bearspaw Water Treatment Plant Upgrades (final report), UE2011-02 (NM2011-02) Fluoride. Care about the environment, economy, or just love technology? Check out my documentary about the Liquid Fluoride Thorium Reactor! ThoriumRemix.com www.youtube.com
