More than S$378m in CPF arrears recovered !! PAP secured at least 100k votes!

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An honorable member of the Coffee Shop Has Just Posted the Following:

Well done Ministers Tan Chuan Jin and Lim Swee Say!! Assuming at least half of these 288,000 employees are sinkies, PAP just secured around 100k votes, after deducting defiant unrepentant sinkies!

Quote:

SINGAPORE: About S$378.2 million in CPF arrears was recovered from cases closed in 2014, benefiting over 288,000 employees, said the CPF Board (CPFB).

The CPF arrears recovered were from underpayment, nonpayment and late payment of CPF contributions by employers, said CPFB in a news release on Tuesday (Apr 28).

Of the S$378.2 million, S$14.0 million were for cases of underpayment or non-payment. The CPFB had recovered the sum from about 2,000 employers in industries such as security, cleaning and food & beverage. This benefited more than 9,300 employees.

The remaining S$364.2 million recovered came from an average of 4,300 employers who were late in making monthly CPF contributions in 2014. More than 279,000 workers benefited from the recovery.

“Since the launch of the WorkRight campaign three years ago to raise awareness of workers’ CPF rights, we are starting to see the fruits of our labour,” said Mr Ng Hock Keong, CPFB Group Director of Employer Collections and Enforcement.

“There was a close to 50 per cent reduction in the number of non-compliant employers who did not pay or underpaid their employees’ CPF contributions from cases closed in 2014. Both employers and employees must recognise the importance of having CPF contributions as it helps employees meet their retirement, housing and healthcare needs,” he added.

One of the largest sums of CPF arrears recovered in 2014 was from a beauty services company which had underpaid CPF contributions on employees’ commission, and deducted the employer’s share of CPF contributions on basic salary from its employees’ commission.

More than S$770,000 in CPF arrears was recovered, benefiting about 100 employees in the company. In addition, the employer refunded over S$50,000 to the staff for deducting the employer’s share of CPF on basic salary from their commission.

There were 46 convictions for non-payment and underpayment of CPF, and 223 convictions for late payment last year. All convicted employers were fined and ordered to pay the CPF arrears by the State Court.

From Jan 1, 2014, the general penalties for non-compliance with the CPF Act were raised. First-time offenders may be fined up to S$5,000 and/or imprisoned for up to six months. Subsequent offenders may face fines of up to S$10,000 and/or imprisonment of up to 12 months.

http://www.channelnewsasia.com/news/...f/1811496.html




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