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#ReturnOurCPF – MediShield life

Media Release

In June 2014, the enhanced benefits for MediShield Life were announced.
It was stated that there will be substantial increases in benefits for MediShield Life that will cover all Singaporeans for large hospital bills.

At a time when Singapore is ranked as the most expensive place to live in the world, where Singaporeans yet continue to receive the lowest wages among the high-income countries, CPF is akin to an additional tax on our income.
On 7 June 2014, Singapore had its first CPF protest against the increase of the minimum sum as an estimated only 1 in 8 Singaporeans who reach age 55 were able to meet the CPF Minimum Sum and MediSave Minimum Sum entirely in cash from their CPF accounts.

There is no transparency and accountability towards how the government is using our CPF monies or the returns derived from CPF funds, all these despite MPs calling for higher rates, improvements to our CPF system practically every year.
From a cash flow perspective, the Government is still not spending a single cent on healthcare because MediSave contributions in a year continue to exceed all withdrawals including government healthcare spending.

Being a Singaporean, I’m concerned about my future and have decided to invite all political parties that took part in GE2011 to hear their views regarding my concerns.
As such, this event aims to highlight the inadequate measures in place to protect the healthcare needs of Singaporeans.

Event details:
Date: Saturday 12 July 2014
Time: 4.00pm – 6.00pm
Venue: Hong Lim Park – Speaker’s Corner

Programme:
Time Speaker
4.00pm – 4.15pm Mr. Tan Kin Lian, former presidential candidate
4.15pm – 4.30pm A political party
4.30pm – 4.45pm RP Secretary-General Kenneth Jeyaretnam
4.45pm – 5.00pm SDP Treasurer Chong Wai Fung
5.00pm – 5.15pm Mr. Vincent Wijeysingha
5.15pm – 5.30pm Mr. Leong Sze Hian
5.30pm – 5.45pm Ms. Han Hui Hui
5.45pm – 6.00pm Mr. Roy Ngerng
6.00pm – 6.30pm Questions & Answers

To find out more about the event, you can go to the Facebook event page at https://www.facebook.com/events/251518938371663


There will be a press conference on 9 July 2014 6 pm at Artistry Café 17 Jalan Pinang, 199149
The media is invited to this press conference.
Kindly confirm your attendance.

Regards,
Han Hui Hui