I asked my staff to show me the formula for calculating CPF contribution. She passed me 6 brightly colored booklets, each with 19 pages. For someone who is not familiar, it takes a lot of time to understand how to calculate CPF contribution. There is a risk of making a mistake. To avoid this problem, it may be necessary to send someone for half day training in calculating CPF contribution.
Do our policy makers realize that all these complications take up a lot of time of the staff and that salaries are high in Singapore. This is so wasteful. I do not know why things have to be so complicated in Singapore!
Tan Kin Lian
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