Sunday, May 8, 2011

Fat pension for ousted ministers

Dear Mr. Tan,
Some people feel sympathy for the ministers that are ousted in the general election, having lost the election at Aljunied GRC. They is no need for sympathy. The ousted ministers will not be paupers. Each person may be getting a lifetime pension of half a million or more a year. They can retire quite comfortably.


REPLY
Are you sure of the figures? When does the pension start to be payable - from age 55 or 60, or 65?