Thursday, February 08, 2007
MEDISAVE FOR WORKFARE: KEEP INITIAL RATE LOW
THE STRAITS TIMES FRIDAY, FEB 9 2007
Workfare bonus somehow is very important to a low-wage worker when he comes to his old age. When he cannot have a work, it’s not mean that he cannot earn money. However, this mostly bases on the rate given out by the government itself to the unemployed above 50. Mostly, the rate will be given low for the government easy to control, but it will cost the unemployed more when the standard of living becomes higher each year, and they are really not capable to pay it.
Workfare bonus somehow is very important to a low-wage worker when he comes to his old age. When he cannot have a work, it’s not mean that he cannot earn money. However, this mostly bases on the rate given out by the government itself to the unemployed above 50. Mostly, the rate will be given low for the government easy to control, but it will cost the unemployed more when the standard of living becomes higher each year, and they are really not capable to pay it.
# posted by Jackson @ 7:39:00 PM 
