Workers’ Party to ask Tan See Leng questions on increase of CPF Basic Retirement Sum and long-term inflation assumptions

For the Parliamentary sitting on July 5, Louis Chua of the Workers’ Party plans to ask the Manpower Minister questions on the CPF Basic Retirement Sum (BRS).

On Wednesday (Jun 29) the party shared the Parliamentary Questions filed for the sittings on July 4 and July 5.

One of the oral questions by WP MP (Sengkang) Mr Chua Kheng Wee Louis was “To ask the Minister for Manpower how is the 3.5% annual increase in the CPF Basic Retirement Sum (BRS) for each cohort turning aged 55 years from 2023 to 2027 determined”.

Mr Chua also filed that he will be asking “what are the factors that have contributed to the raised annual increase from 3% to 3.5%, and (c) what are the long-term inflation assumptions used in the BRS annual increments”.

Along with the topic of CPF, the party also aimed to pose questions to the Ministry for Home Affairs.

In the form of written questions, Mr Dennis Tan Lip Fong: To ask the Minister for Home Affairs in view of the spike in the number of Singaporeans applying for new passports in the past few months, what efforts are being made by ICA to speed up the current processing of passport applications.

Also, Mr Muhamad Faisal Abdul Manap: To ask the Minister for Home Affairs (a) in the last 10 years, what is the number of applicants who have renounced and subsequently reapplied for Singapore citizenship; (b) of these applicants, what is the proportion of those who are successful; and (c) what are the primary reasons for the unsuccessful applications.

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