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SINGAPORE: The shelving of plans to phase out older adult public transport payment cards was met with relief by public transport users, who said they were glad their concerns were heard.
SINGAPORE The shelving of plans to phase out older adult public transport payment cards was met with relief by public transport users, who said they were glad their concerns were heard. But some felt the aborted exercise was ultimately redundant, and expressed frustration at the inconvenience they had to bear to update their ez-link cards. Observers said the shelving.
Singapore's retirement income system jumped two spots - ranking 7th out of 47 retirement income systems reviewed in the 15th annual Mercer CFA Institute Global Pension Index (MCGPI) - retaining its top spot in Asia and cementing its position in the top 10 systems globally.
The Mandatory Provident Fund is the best regulated pension scheme in Asia, but trails Singapore’s scheme when it comes to providing retirees with adequate funds, according to the latest Mercer CFA Institute Global Pension Index.