It is sad when I see such news. Just because of certain policies. The money you earned is not yours. aka as ………. We are treated like kids because we are not allowed to control our hard earned money. We resort to loans and end up in debt.
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People are suffering because of such policies.
“Due to insufficient CPF retirement fund, Singaporean elderly are turning to crimes to get free lodging and food from the prison.”
“According to state media Straits Times, the number of elderly prisoners above the age of 60 have doubled in the past 5 years from 359 at 2.8% of the prison population in 2012, to 651, or 5.3%,in 2016.”
Source: Statestimereview