A suggestion to treat citizens better

Dear Mr. Tan,

The PM talked about treating Singapore citizen better, as compared to PR. I will recommend them to do this:

a) portion out our assets from Temasek holdings and GIC (not all of GIC as some are our own CPF money)
b) do a proper mark-to-market
c) unitize it (and call it Singapore Thank You Fund)

Each singapore citizen will be given shares based on the following:
a) number of years as citizen
b) number of kids he/she produced
c) done NS and reservists

So, the older citizens who has provided the nation with kids will be getting a larger number of shares as compared to a newly converted citizen who is single.

Add up all the shares and match them to the units of the Singapore Thank You Fund. Citizens will be given the units of the Fund in their CDP account. They can sell the units only back to the government. The government will provide transparent reporting of the values of the underlying assets so that the unit price can be calculated. Based on certain predetermined criteria, citizens can sell the units at a discount (depending on the age of the citizen)

Criteria will be something like this:
a. prolong joblessness
b. prolong sickness with no money to pay for
c. calamity in the family (sudden loss of a spouse)

I hope the old citizens (especially the poorer ones) will be able to benefit from Singapore's growth in the past 50 years, before they die.

Heng Chee Meng