The bars on shoulders are heavy...
I need to work hard work smart!!
Friday, June 27, 2008
Friday, February 22, 2008
Voluntary Medisave Top Up for Workfare Income Supplement Scheme Results in Huge Liability
In order to qualify for the Workfare Income Supplement Scheme (WIS) for $320, my babysitter mother making $400 per month made a voluntary Medisave account contribution of $67 last year. To her horror, CPF board enrolled her into the Medisave For Self-Employed Scheme backdating from 2003 to present, meaning she has to make a further cash top-up of $2813 for the premiums due.
It gives little incentive for the most needy group to top-up their Medisave because the cash liability clearly outweighs the supplement received mostly in CPF accounts. In fact they are penalized financially in terms of their cash flow and I shudder to think of compounded late payment fees that will eventually reduce the WIS amount received to nought.
I hope the CPF board and the relevant authorities will comment on this substantial consequent Medisave cash liability, the benefits to the needy, and how the backdating was determined to start from 2003.
Jerald Lim
It gives little incentive for the most needy group to top-up their Medisave because the cash liability clearly outweighs the supplement received mostly in CPF accounts. In fact they are penalized financially in terms of their cash flow and I shudder to think of compounded late payment fees that will eventually reduce the WIS amount received to nought.
I hope the CPF board and the relevant authorities will comment on this substantial consequent Medisave cash liability, the benefits to the needy, and how the backdating was determined to start from 2003.
Jerald Lim
Monday, February 04, 2008
2008 New Year Resolutions
A little late but better than never to make resolutions for 2008. For this year I wish for:
- Pink of health for all my loved ones;
- My dear and I be ever more loving;
- Be disciplined in my finance and achieve 5% returns;
- To be the no. 1 LTA in SBAB, giving the best for my men and bosses;
- Regain good physical fitness - IPPT silver and complete marathon 2008 under 6H;
- Strike TOTO!
2007 Resolutions Post Mortem
Tuesday, January 02, 2007
Another New Year Resolutions
I wish for
- First class honours in EEE DONE
- Someone special DONE happily!
- A great grad trip to Taiwan or Korea Went to Thailand instead, but DONE
- Perform well for ALOC Reasonably DONE
- Healthy bank balance come 2008 Reasonably DONE
- Pink of health for my family and loved ones Yeah all's well!
- STRIKE TOTO NOT YET!
Wednesday, January 16, 2008
12th ALOC
From the initial apprehension of staying in, the 12th Air Logistics Officer Course (ALOC) came a long way to mark the last day of lectures in AFS today before we all embark on our on job training (OJT) tomorrow at different bases, which should most likely be our permanent postings for the next 2 - 3 years. All the best bros!
Monday, December 03, 2007
Marathon Finisher
6 hours 41 mins 40s. 6.3 km/h. 8066th place. FINISHER of 42.195km.
On Sunday morning, I pushed myself to the limits again to pull through the long and tough journey with the help of Derrick. Thanks bro!
This year's run is by far the most satisfying. The first time we were too foolhardy not to drink regularly at the beginning and I died out near 20+ km, the remaining run was a torture. Last year was a walk in the park as derrick wasn't well prepared. This year I'm not in the best shape but kept pushing on with derrick's encouragement.
The cramps started setting in at 14km, a show of our insufficient training. I applied lots of deep heat cream and spray along the way, ran with the near-cramp sensation for most of the journey, coped with the hot and merciless sun and tried my best to keep on going. Although I'm not a fast nor natural runner, the innate satisfaction of finishing by pushing my limits was great.
"You've beaten 99.9% of the population just by running." - That was the organiser's msg at a board near the start. =)
Somebody said this before: "If you want to win a race, join the 100 metre dash. If you want to push yourself to the limit, run the marathon."
I can't remember the exact wording, but in essence the marathon is not for the faint-hearted, the showy tricksters and is a test of your determination. When the body says NO, the mind gotta say YES.
Yep still having the feel good factor after suffering for the 7hrs. It's a torture every year but worth it to keep reminding myself to overcome this pain. Told derrick that we should stop creating misery for ourselves next year, but I guess I'll be back. Haha.
On Sunday morning, I pushed myself to the limits again to pull through the long and tough journey with the help of Derrick. Thanks bro!
This year's run is by far the most satisfying. The first time we were too foolhardy not to drink regularly at the beginning and I died out near 20+ km, the remaining run was a torture. Last year was a walk in the park as derrick wasn't well prepared. This year I'm not in the best shape but kept pushing on with derrick's encouragement.
The cramps started setting in at 14km, a show of our insufficient training. I applied lots of deep heat cream and spray along the way, ran with the near-cramp sensation for most of the journey, coped with the hot and merciless sun and tried my best to keep on going. Although I'm not a fast nor natural runner, the innate satisfaction of finishing by pushing my limits was great.
"You've beaten 99.9% of the population just by running." - That was the organiser's msg at a board near the start. =)
Somebody said this before: "If you want to win a race, join the 100 metre dash. If you want to push yourself to the limit, run the marathon."
I can't remember the exact wording, but in essence the marathon is not for the faint-hearted, the showy tricksters and is a test of your determination. When the body says NO, the mind gotta say YES.
Yep still having the feel good factor after suffering for the 7hrs. It's a torture every year but worth it to keep reminding myself to overcome this pain. Told derrick that we should stop creating misery for ourselves next year, but I guess I'll be back. Haha.
Tuesday, November 27, 2007
Reflections on LIFE
It's been a long time since I picked up my "pen" to write, but a lot of things happened so suddenly so quickly so abruptly that made me rethink about LIFE.
The parting of Eujin was a big shock. Although we weren't not close personally, he was someone I always looked up to. He was the one who aced the exams, trumped me in weights and pull-ups, ran and row much faster. He was the all-rounder that I admired and wanted to become.
The loss of the 5 dragonboaters in Cambodia was another shock. Among them, Boon San was my lecture mate in NTU EEE. I dunno him personally, but he was a friend of Wilfred. As a canoeist I feel the pain in their loss. Dragonboaters, canoeists, we are people with passion and determination in the things we do and I always respect all rowers. The fact that one of them were so close to my circle of friends made me worse.
My heart cringed when I read about each and every one of them in the newspapers. All outstanding young men, all great people with character and drive. And the people they leave behind...
It reinforces the fragility of life. People dropped their jaws when I said I was attending the wake of my friends. Aaron went in a hurry, and then Eujin. It hurt when people so young and so capable and so jovial laid quietly as we pay our last respects.
I shudder to think that everyone around me and I can be victims someday to some accident. Please take care my friends and treasure all around. Don't spend the time regretting.
The parting of Eujin was a big shock. Although we weren't not close personally, he was someone I always looked up to. He was the one who aced the exams, trumped me in weights and pull-ups, ran and row much faster. He was the all-rounder that I admired and wanted to become.
The loss of the 5 dragonboaters in Cambodia was another shock. Among them, Boon San was my lecture mate in NTU EEE. I dunno him personally, but he was a friend of Wilfred. As a canoeist I feel the pain in their loss. Dragonboaters, canoeists, we are people with passion and determination in the things we do and I always respect all rowers. The fact that one of them were so close to my circle of friends made me worse.
My heart cringed when I read about each and every one of them in the newspapers. All outstanding young men, all great people with character and drive. And the people they leave behind...
It reinforces the fragility of life. People dropped their jaws when I said I was attending the wake of my friends. Aaron went in a hurry, and then Eujin. It hurt when people so young and so capable and so jovial laid quietly as we pay our last respects.
I shudder to think that everyone around me and I can be victims someday to some accident. Please take care my friends and treasure all around. Don't spend the time regretting.
Wednesday, October 10, 2007
Car!
I've collected my Latio on friday last week!
Topped up $1k for open cat COE to expedite my car delivery and managed to get it just in time for my TAB attachment where we don't have to stay in.
Feel different driving around, have an added sense of freedom and control, but also feeling the financial pinch. Still worth the money in the end because of my work nature and considering that I have a bargain price!
Topped up $1k for open cat COE to expedite my car delivery and managed to get it just in time for my TAB attachment where we don't have to stay in.
Feel different driving around, have an added sense of freedom and control, but also feeling the financial pinch. Still worth the money in the end because of my work nature and considering that I have a bargain price!
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