Monday, August 9, 2010

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When will the govt act to set up the $358m Trust Fund for the sick and the elderly with help from TH and GIC to fund it on a dollar-to-dollar backing basis on the contributions make by the public?

Similarly, money in one’s pocket is not one’s money too, unless it is spent by the person, if not ultimately it will belong to someone else, isn’t it?


We expect that 90 percent of the annual income of the Trust Fund (initial capital sum target of $500m to be set up over 5 years?] be used and targeted at helping the really poor and the sickly, elderly.

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