On Monday (Feb 23), Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam delivered Budget 2015 that focuses on building Singapore's future. Questions on the operating costs of public transport operators and public sector projects were also answered in Parliament.
The CPF scheme has served Singaporeans well, but it is also timely to review it in order to enhance retirement adequacy. Several MPs made this point as they thanked the President for his address charting the government's agenda for the second half of its term. Parliament was also given an update on the committee tasked to review the education model at polytechnics and ITE. MPs were told that the committee is looking at how these students can progress upwards even without a degree, or before they get one.