Maybe the PAP administration might want to do what the Brits did in increasing the m0rtality rate so lightening the burden on the state to provide pensions.
As CPF Life “beneficiaries” are pooled into either the standard or basic schemes, the more people die earlier than expected in each pool, better for the others in the pool and no need for the state to step in: fund no money, yr problem not PAP administration’s problem.
Seriously, I’m surprised the cybernuts from TRELand or Mad Dog Chee have not accused the PAP administration of using SingHealth to kill off S’poreans
A flu jab blunder that contributed to the largest increase in deaths in a generation may have brought unexpected benefits for Britain’s pensions black hole, according to the Daily Telegraph.
The Institute and Faculty of Actuaries says the increase in the mortality rate in 2016 – when the flu jab was mismatched for the main strain of influenza – has slightly reduced overall life expectancy for the over-65s.
Experts say the shift has removed about £28bn of pension liabilities from the balance sheets of leading companies.AP