NTUC has suggested that workers earning less than $1,000 be exempted from CPF. This will save them 20% of their wages. They need the full wages to meet a basic lifestyle, due to the high cost of living in Singapore.
NTUC suggested that the government should top up the CPF savings of these low income workers, so that they can buy their HDB flat.
I think that this is a wonderful idea.
In some countries, the government pays people who do not work. It is called unemployment benefit.
The approach by NTUC is to encourage these unemployed workers to work, even if it is a low income job. The government can help them by contributing to their CPF savings. It is an indirect way to give some help to these workers, but they must work.
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