Sunday, April 29, 2007

May Day News

Here's one headline that I found kind of offending:

"Workers here have little choice but to keep working"

The man in charge of planning for Singaporeans' retirement needs says they have little alternative but to work for longer so they can retire with enough savings for old age.

Minister (Prime Minister' Office) Lim Boon Heng noted that getting better returns for Central Provident Fund could also boost retirement savings, and that is what the Government is trying to do.

But it is not easy as some investments make good, but others fail, he said..... (link)

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In other news, the government wants to raise the employment rate of women (link), and unionists wait (with bated breath?) for goodies (?!) to be announced during the rally (link).

So not only do we need to work till it's about time to enter the grave, our (married) women also need to work and juggle the demands of nurturing a child at the same time.

Unfortunately the articles did not explain why our pay is so low that we need to work forever to make sure we have enough to retire with, nor why married women have to work too. Is it to generate more income for the economy? In any case, I think most married women are already working out of necessity.

With both parties working, no wonder our birth rates are low. Work just sucks the life out of people, and in some unfortunate cases, that is actually literal (link).