Category Archives: Louis Chua

Mr Chua Kheng Wee Louis (Sengkang): Chairman, CPF has been able to maintain its interest rates at 2.5% for Ordinary Accounts and 4% for Special MediSave and Retirement Accounts. The interest helps our CPF members to grow closer to their time and goals, which is to meet or exceed the minimum retirement sum. Now, even thoughContinue reading “COS 2021: Enhancing CPF Returns”

Mr Chua Kheng Wee Louis: In 2019, about 85% of employers offered some form of formal or ad-hoc flexible work arrangement in the workplace. However, flexible work arrangements come in a spectrum and, clearly, the level of flexibility that was in place pre-COVID-19 is dramatically different from what you have seen in 2020 and today, withContinue reading “COS 2021: Flexible Work Arrangements”

Mr Chua Kheng Wee Louis: Mr Chairman, while eligible working parents of Singapore citizen children are entitled to six days of paid childcare leave a year, this only applies to children below the age of seven. Parents whose youngest child is between seven and 12 are only eligible for two days of extended childcare leave aContinue reading “COS 2021: Childcare and Parental Care Leave”

Mr Chua Kheng Wee Louis: Mr Chairman, based on the MOM’s latest 2020 labour statistics, own-account workers, defined as persons who operate their own business or trade without employing any workers – this includes taxi drivers, property agents, tour guides, freelance artists – account for 9.7% of the total workforce, or 228,000 workers, up from 8.8% inContinue reading “COS 2021: Own-account Workers’ Welfare”