Pay cut for Singaporeans
Singaporeans who are taking public transport are effectively getting a pay cut. And the most hurt are the oldies, the senior citizens, who now have to pay as much as 1.05 from 68c according to an oldie. This is a whopping 54% increase in fare. Holycow, they don't give a damn about the oldies where quite a big number are cleaners and daily rated workers earning less than $1000 pm. At an increase of 37c per trip or 74c daily, times 22 days, this will work out to be $16.28 a month. I know that this is at most equivalent to 5 plates of char kway teow and people can laugh it off, but if the oldie's income is $1000 pm it is a pay cut of 1.6%. And if the pay is $500 pm, it is 3.55% pay cut. I am not sure how much more will the students be paying. If each student is paying half of the increase the oldies are paying, and if they happen to be the children of the oldies, two school going children could mean another 2% pay cut. Just too bad. The transport operators need to subsidise those commuters who have to transfer from one service to another, and the oldies/students just happen to be there to do the subsidising. I am sure the Public Transport Council who approved this great scheme must have thought through all these issues and are comfortable with it. I hope with all the supertalents working on it, they are not going to say they did not know how it would impact the oldies and students.