Here comes the cut

Wadan Narsey of USP has predicted that the Government is about to make big cuts to the FNPF pensions scheme. At the moment savings of $10,000 will give you a monthly pension of $125. With changes Prof Narsey is predicting happen, your pension will be cut to $75. This will make life much harder for people who had been counting on an FNPF pension to live on when they retire
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Prof Narsey’s paper can be found on Coup Four and half Blogsite or Intelligentsia blogsite.

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