Clarification

Clarification by Minister of State for Manpower

Speakers

Summary

This clarification concerns factual amendments made by Minister of State Dinesh Vasu Dash to his speech during the Second Reading of the Central Provident Fund (Amendment) Bill. Minister of State Dinesh Vasu Dash corrected data on SingPost transactions, noting that 95% are conducted online, thereby avoiding a $17.95 fee previously mentioned by Mr Fadli. He further clarified that 70% of Singtel SDS account holders are HDB dwellers, including himself, while 30% reside in private estates. These updates were formally submitted to ensure the accuracy of the parliamentary records regarding service usage demographics and specific transaction costs. The written statement was circulated with the Speaker’s leave to rectify the figures and residential categories mentioned in the original transcript from May 2026.

Transcript

The following statements were made by the Minister of State for Manpower (Mr Dinesh Vasu Dash) during the Second Reading of the Central Provident Fund (Amendment) Bill at the Sitting of 7 May 2026:

(a) The Minister of State for Manpower (Mr Dinesh Vasu Dash): I also wanted to add at this point that for members, particularly the seniors who go to SingPost outlets, about 95% of sales transactions are actually done online by them, and therefore, circumventing the need to even pay the $17 that was raised by Mr Fadli. [Please refer to "Central Provident Fund (Amendment) Bill", Official Report, 7 May 2026, Vol 96, Issue 31, Second Reading Bills section.]

(b) The Minister of State for Manpower (Mr Dinesh Vasu Dash): I am also happy to state that as far as the Singtel SDS is concerned, that almost 70% of people who have the SDS Singtel accounts were from HDB background and dwelling, including myself, and 30% belong to the private sector. [Please refer to "Central Provident Fund (Amendment) Bill", Official Report, 7 May 2026, Vol 96, Issue 31, Second Reading Bills section.]

Written statement by Mr Dinesh Vasu Dash circulated with the leave of the Speaker, in accordance with Standing Order No 29(5).

I wish to make the following factual clarifications to the speech made during the Second Reading of the Central Provident Fund (Amendment) Bill at the Sitting of 7 May 2026. It should read as follows:

(a) The Minister of State for Manpower (Mr Dinesh Vasu Dash): I also wanted to add at this point that for members, including the seniors who go to SingPost outlets, about 95% of sales transactions are actually done online, and therefore, circumventing the need to even pay the $17.95 that was raised by Mr Fadli.

(b) The Minister of State for Manpower (Mr Dinesh Vasu Dash): I am also happy to state that as far as the Singtel SDS is concerned, that almost 70% of people who have the Singtel SDS are HDB dwellers, including myself, and 30% belong to the private estates.