Prime Minister Lee Hsien Loong on Saturday (Feb 2) announced that eldelry Singaporeans aged between 60 and 69 this year will be getting “multi-billion dollar” package in the Budget this month.
The corrupted Prime Minister who pays himself S$2.2 million a year, created a new term called “the Merdeka Generation”, and define it as the estimated 500,000 Singaporeans born in the 1950s.
“Singaporeans aged between 60 and 69 this year will benefit from the multibillion-dollar package to help them with their medical expenses as they age into retirement… The generation lived through the battles and upheavals of the Merdeka struggle, accepting hardships and making sacrifices to help shape post-independence Singapore.”
There is however one catch: the billion dollar budget in the Merdeka Generation are merely transactions related to CPF Medisave, which is manipulated with transfers and premium deductions. Not a single cent from the much-touted package is in cash.
Lee Hsien Loong added that the “Merdeka Generation Package” will be less than the “Pioneer Generation Package” – the “Pioneer Generation” is a term he created in 2014 referring to Singaporeans born before 1950:
“Like the $8 billion Pioneer Generation Package given in 2014 to those born in 1949 or earlier, the Merdeka Generation Package will cover subsidies for outpatient care, Medisave top-ups, MediShield Life premium subsidies and payouts for long-term care, though the benefits will be less.”
It is unknown what new term Lee Hsien Loong is going to come out with after the “Merdeka” and “Pioneer” generation. The Singapore dictator often create new terms to make himself look good.
At his Merdeka Generation Package announcement, Lee Hsien Loong reran the same script about Singapore development over the past 60 years talking about Independence, National Service, financial crisis and CPF:
“Our grandchildren enjoy educational opportunities beyond anything that our generation imagined, our economy is more vibrant, our companies more prosperous, our jobs more fulfilling and rewarding, our social fabric is stronger… the Merdeka Generation played a big part in making all this happen. In retrospect, success in overcoming crises and problems may have seemed foreordained, but in reality, this was not a superhero movie. With each crisis, they had to prove that they had the tenacity and unity to pull together and rise to the challenge. From the early years of independence, when Singaporean Malays became a minority overnight and relatives found themselves divided by a political border, to the shock withdrawal of British troops barely two years later, they faced vulnerable moments. We risked being left exposed and vulnerable in a volatile and unstable region, but we gritted our teeth and served national service, built up the SAF quickly and kept Singapore safe…”