ARE SINGAPOREANS SUPPOSED TO RETIRE
ABROAD
I don’t think we should begrudged people their good fortune. And
it is indeed their good fortune to work in Singapore and live in
Malaysia or Philippines etc.
What is not acceptable, is that our own Ministers, when they
talk about us competing fairly, that spurs be stuck into our asses
coz we are not competitive, have never considered the long term
imbalance of a system that they have advocated and promoted. The
system keeps cost low for employers but lowered the standard of
living for most Singaporeans.
And this will overtime, means that our retirees will start to
move overseas to boost their standard of living or at least lower
their cost of living; this inadvertently means that Singaporeans
will lose their sense of nationality. Who wants to serve a country
that sucks up our youth and displace us when we are old?
Yes, foreigners do have a place in our society, some more, some
less, but there is no serious discussions to have a strategic plan
to see how a Singaporean remains to live viably in Singapore. We
already know that retirement savings will not be enough for
most.
We cannot ask for all the luck in the world. But we have all the
right to ask what is our Government’s plans for Singaporeans’
retirement? In other words, how is our ability to make a living
commensurate with retiring in an increasingly expensive
Singapore?
We have talked about the same starting point for our children
through education. But what is the use of that, when they go into
the working world, they find that they are already 3 steps behind
other foreign workers?
In fact, if you take globlisation through its conclusion, we
will definitely be retiring abroad. If that is the case, please
prepare the plans and the groundwork. And how is the concept of
being a Singaporean mean in this scenario? What is our game
plan?
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