Free money

Free Money
I received a let­ter from CPF Board telling me about my allot­ment of ERS (Eco­nomic Restruc­tur­ing Shares) and NSS (New Sin­ga­pore Shares), both ini­tia­tives of the gov­ern­ment to help the lower income group tide over the eco­nomic downturn.

At first I chucked it aside with­out read­ing it prop­erly, think­ing the money would stay in my CPF account until I’m 65 or some­thing. But nooo…

E called to tell me she logged on and exchanged the shares for cash and got $1000 that would be cred­ited on New Year’s Day.

So I logged on and instructed the board to credit me for $700 ($500 ERS, $200 NSS: less than E because my house big­ger and there­fore I’m richer than her).

And so, with ang pow of $700, Jan­u­ary will be eas­ier to bear since my com­pa­nies do not expect rev­enue till end of that month. Am also look­ing for­ward to $400 or so from 6 days in the Army.

They keep giv­ing out money like that, can only mean one thing. Elec­tions com­ing and Lee Hsien Loong wants to be PM sooner.