carlsum1986 wrote:

was something like getting rid of the retirement age and retirement altogether
They don't know it yet, but that exactly what might happen if they keep crying about foreigners. Get rid of the foreigners, not enough people to keep up GDP. Need more workers, they will be forced to hire older workers. If that doesn't work, they will raise the retirement age and levies and enact levies on EP holders to astronomical levels (COE style?) to force the employers to hire the older workers who will then hold out for higher wages.
I'm on a roll here........
I could solve a lot of the gahmen's problems with a little radical thinking.
If they raise the retirement age to 70 (minimum) and make it impossible to withdraw a large chunk of CPF at 55, this will cause those in that category to have to continue to work for another 15 years till they hit 70 thereby utilizing their experience to possibly offset the youths who job hop all the time. (This could cause that bad habit to subside as well).
Do that, and the following: Make it a form of National Service (complete with 21 year subsidies) that women must attempt to procure two children in order to boost up the FR of Singaporean to enable them to self sustain. They obviously would have to be controls/records to ensure that the women became pregnant at least twice and did not abort or otherwise somehow terminate the pregnancy (desertion or dereliction of duty)

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Think about it. it takes around 21-24 month to conceive & birth two children (same length of active duty that a new NSman does). Then give them subsidies (reservist duties) until the kids are 21. You could make the payouts a fixed rate that could be adjusted upwards to more if the mother is working as well (same as male NS reservists). Increases the Manpower base, raises the FR, with normal balances being around 50:50, create more manpower for NS and will help reduce the need for foreign labour/talent. Radical? Yeah. Would it work? Good question.
Oh, one other collateral benefit as well. It will stop the momma's boys from complaining that the girls will get ahead of them in business (biggest bunch of crybabies I've ever seen anywhere in the world). So much for being a patriarchal society - the women here have more cojones then most of the boys here. That's why the men are always carrying their girlfriends purses.
Edited to change typo FT to FR (fertility rate)