Here a better idea than Sylvia Lim unemployment insurance!

[Sammyboy RSS Feed]

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

Article Source: http://g$$$$$l/1XcOcS

PSSST, SYLVIA…HERE’S A BETTER IDEA THAN YOUR UNEMPLOYMENT INSURANCE!
Author: Tay Leong Tan

Would an unemployment insurance work?

In this session of the Budget debates in Parliament, Worker’s Party chairman Sylvia Lim suggested that an unemployment insurance should be introduced by the government to protect workers whose jobs may become redundant, through no fault of their own.

“One model could involve requiring workers resident in Singapore and their employers, to each contribute a very small percentage of the employee’s monthly salaries towards a fund. The fund should be geared towards helping workers who undergo involuntary unemployment” suggested Lim.

This sounds a little like how our CPF operates. Except that it would be paid to a private insurer and the insurer would be making payouts in the event a staff is made redundant.

Here a better idea to the unemployment insurance: http://g$$$$$l/1XcOcS


Click here to view the whole thread at www.sammyboy.com.