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Former NTUC Income CEO Tan Kin Lian to await final slate of approved candidates before submitting presidential nomination

Former CEO of NTUC Income, Tan Kin Lian, has revealed his strategy to await the final decision on the approved candidate slate by the Presidential Election Committee before deciding to submit his nomination for the presidential race. This move injects a new layer of suspense into the election proceedings, as it could significantly influence the dynamic of the race.

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SINGAPORE: Tan Kin Lian, former CEO of NTUC Income and 2011 Presidential candidate, revealed in a press statement released on Sunday, 29 July 2023, that he had submitted his application for the Certificate of Eligibility (COE) for the upcoming presidential election three weeks prior. This potentially positions him ahead of other candidates in the application process.

In his statement, Tan (75) disclosed that his application was submitted electronically via a proxy, as the necessary forms were available for download from the election department’s website. His community declaration was similarly submitted online earlier.

Speaking on his fellow potential candidates, Tan stated his belief that he and former Senior Minister Tharman Shanmugaratnam (66), who he regards as his main competition, meet the full eligibility requirements as stipulated in the constitution.

He expressed uncertainty regarding the eligibility of other potential contenders, entrepreneur George Goh (63) and former GIC head of investment Ng Kok Song (75), but noted that the Presidential Election Committee (PEC) holds the power to waive certain eligibility shortfalls.

Similar to the 2011 Presidential Election, in which the PEC permitted Tan Jee Say to run despite his not meeting all eligibility criteria outright—thus enabling a four-cornered contest and allowing PAP’s Tony Tan to edge out Tan Cheng Bock by just 0.35 per cent—the PEC may exercise its discretionary power to qualify Ng, while simultaneously disqualifying Goh. This could pave the way for a straight fight between Ng and Tharman.

A key point in Tan’s statement is his intention to await the PEC’s final decision on the approved candidate slate before deciding to submit his nomination paper.

Tan, who secured only 4.9% of the vote in the 2011 Presidential Election, has remained vocal on various social issues over the past decade, continually advocating for the reduction of the high cost of living in Singapore.

Despite the raised financial criteria for private sector candidates introduced by the 2017 amendments to the Singapore Constitution, Tan is likely the only private sector candidate who still qualifies.

Besides Tan, Tharman, Ng, and Goh have expressed interest in the upcoming presidential election, scheduled for 13 September to replace President Halimah Yacob whose term is nearing its end. However, the fulfilment of the eligibility criteria by Ng and Goh’s companies is currently unclear.

Intriguingly, a recent Facebook post from Madam Ho Ching hinted at the People’s Action Party’s (PAP) potential preference towards candidates Tharman and Ng.

Should Tan’s application be approved, the PEC might decide to qualify all four contenders, creating a scenario reminiscent of the 2011 Presidential Election, where the PAP’s preferred candidate won by a marginal 0.35% over Dr Tan Cheng Bock.

But at the same time, the introduction of Tan and his statement to await the final slate of approved candidates creates a potential problem for the establishment. If the PEC approves Goh’s Certificate of Eligibility (COE) and Tan backs out, it will be a contest between three candidates.

Similarly, if the PEC disqualifies Goh and Tan steps in, it will still be a fight between the three candidates. In any case, it would be pretty much impossible for a two-cornered fight to take place at this point.

With the clock ticking down to election day, all eyes are on the PEC’s pending decision, eagerly anticipating the final candidate lineup.

Tan’s humble beginning

Born into a large family of six children, Tan’s early life was marked by adversity. With his family living in rental rooms and frequently moving due to lease expirations, Tan’s experience of hardship began at a young age. Following the loss of his father’s livelihood during the 1965 Indonesian Confrontation, he left school after secondary four to support his family, despite being among the top students in Raffles Institution.

Working in various roles for 12 years, Tan eventually qualified as an insurance actuary. His dedication caught the attention of NTUC Income, which recruited him in 1977. Over the course of 30 years with the company, he led NTUC Income from $28 million in assets to a staggering $17 billion, a 600-fold increase. Tan left the company at 59 in 2007.

Tan’s time at NTUC Income was characterized by a dedication to the cooperative society model. He emphasized ploughing most profits back into the company to provide higher bonuses for policyholders, instead of channeling it towards large dividends for shareholders or hefty salaries for the board and management.

A frugal approach to operating expenses allowed Tan to keep premiums low for policyholders, ensuring they paid less. During his tenure, over 1 million policyholders enjoyed the benefits of this model, with many expressing their appreciation for his management style. Tan hopes that his past performance will rally these policyholders, and their children, to his side in the upcoming election.

Tan’s role at NTUC Income clearly meets the revised private sector criteria introduced in the 2017 Singapore Constitution amendments, as the shareholder equity of NTUC Income exceeded $500 million in the last three years of his service there.

For Tan, the principles he applied at NTUC Income extend to running a country: keeping expenses low, including ministers’ salaries, to ensure a lower cost of living and lesser taxes for citizens. Living a frugal life himself, Tan encourages others to adopt the same approach.

Tan’s commitment to public service extends beyond his professional career. He was instrumental in starting the first residents’ committees in Singapore in 1979 and led fundraising efforts for its first community centre. This grassroots involvement continued for two decades. After leaving NTUC Income, Tan launched a computer software business and began providing insurance consultancy services in Indonesia, while maintaining active involvement in social issues in Singapore.

Tan’s family life is centered around his wife, a homemaker who has taken care of their three children and now assists with their five grandchildren.

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Redditors question support for PAP over perceived arrogance and authoritarian attitude

Despite Senior Minister Lee Hsien Loong’s warning that slimmer electoral margins would limit the government’s political space “to do the right things”, many Redditors questioned their support for the ruling PAP, criticising its perceived arrogance. They argued that SM Lee’s remarks show the party has ‘lost its ways’ and acts as if it alone can determine what is right. Others noted that the PAP’s supermajority allows for the passage of unfavourable policies without adequate scrutiny.

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In a recent speech, Senior Minister Lee Hsien Loong warned that “if electoral margins get slimmer, the government will have less political space to do the right things.”

Mr Lee, who served as Prime Minister for 20 years, highlighted the risks associated with increasingly competitive politics.

“It will become harder to disregard short-term considerations in decision-making. The political dynamics will become very different,” he stated during his speech at the Annual Public Service Leadership Ceremony 2024 on 17 September.

“Singaporeans must understand the dangers this creates, and so must the public service,” SM Lee stressed.

SM Lee pointed out that Singapore faces formidable internal and external challenges in the years ahead, with rising expectations and demands from citizens.

As growth becomes harder to achieve and politics becomes more fiercely contested, he warned, “Things can go wrong for Singapore too.”

He urged vigilance in preparing for an uncertain future, noting, “As the world changes, and as the generations change, we must do our best to renew our system – to ensure that it continues to work well for us, even as things change.”

Critique of PAP’s Arrogance and Disconnect from Singaporeans

The People’s Action Party (PAP) experienced a notable decline in its vote share during the 2020 General Election, securing 61.24% of the votes and winning 83 out of 93 seats, a drop from 69.9% in 2015.

A significant loss was in Sengkang GRC, where the PAP team, led by former Minister Ng Chee Meng, was defeated by the Workers’ Party (WP).

In discussions on Reddit, some users questioned why they should support the ruling PAP, criticising the party’s perceived arrogance.

They pointed out that SM Lee’s recent remarks illustrate that the party has strayed from effectively serving Singaporeans and seems to believe it has the sole authority to decide what is right.

Others highlighted that the PAP’s super-majority in Parliament enables the passage of unfavourable policies without sufficient scrutiny.

One comment acknowledged that while many older Singaporeans remain loyal to the PAP due to its past achievements, younger generations feel the party has failed to deliver similar results.

There is significant frustration that essentials like housing and the cost of living have become less affordable compared to previous generations.

The comment emphasised the importance of the 2011 election results, which they believe compelled the PAP to reassess its policies, especially concerning foreign labor and job security.

He suggested that to retain voter support, the PAP must continue to ensure a good material standard of living.

“Then, I ask you, vote PAP for what? They deserve to lose a supermajority. Or else why would they continue to deliver the same promises they delivered to our parents? What else would get a bunch of clueless bureaucrats to recognise their problems?”

Emphasising Government Accountability to the Public

Another Redditor argued that it is the government’s responsibility to be accountable to the people.

He further challenged SM Lee’s assertion about having less political space to do the right things, questioning his authority to define what is “right” for Singapore.

The comment criticised initiatives like the Founder’s Memorial and the NS Square, suggesting they may serve to boost the egos of a few rather than benefit the broader population. The Redditor also questioned the justification for GST hikes amid rising living costs.

“Policies should always be enacted to the benefit of the people, and it should always be the people who decide what is the best course of action for our country. No one should decide that other than us.”

The comment called for an end to narratives that present the PAP as the only party capable of rescuing Singapore from crises, stating that the country has moved past the existential challenges of its founding era and that innovative ideas can come from beyond a single political party.

Another comment echoed this sentiment, noting that by stating this, SM Lee seemingly expects Singaporeans to accept the PAP’s assumption that they—and by extension, the government and public service—will generally do the “right things.”

“What is conveniently overlooked is that the point of having elections is to have us examine for ourselves if we accept that very premise, and vote accordingly.”

A comment further argued that simply losing a supermajority does not equate to a lack of political space for the government to make the right decisions.

The Redditor express frustration with SM Lee’s rhetoric, suggesting that he is manipulating public perception to justify arbitrary changes to the constitution.

Concerns Over PAP’s Supermajority in Parliament

Another comment pointed out that the PAP’s supermajority in Parliament enables the passage of questionable and controversial policies, bypassing robust debate and discussion.

The comment highlighted the contentious constitutional amendments made in late 2016, which reserved the elected presidency for candidates from a specific racial group if no president from that group had served in the previous five terms.

A comment highlighted the contrast: in the past, the PAP enjoyed a wide electoral margin because citizens believed they governed effectively. Now, the PAP claims that without a substantial electoral margin, they cannot govern well.

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Tan Kiat How: Police called after resident ‘became aggressive’ at meet-the-people session

Senior Minister of State Tan Kiat How shared on TikTok that police were called to his meet-the-people session (MPS) in Bedok on Monday (17 Sept) evening after a resident ‘became a little more aggressive’, reportedly over a job issue. While the PAP MP emphasized the efforts made to assist residents, some netizens questioned the volunteers’ handling of the situation and urged more proactive measures from the MP.

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SINGAPORE: Police were called to a meet-the-people session (MPS) in Bedok after a resident became aggressive, causing a disturbance, according to Member of Parliament (MP) for East Coast GRC Tan Kiat How.

Mr Tan, who represents the Kampong Chai Chee ward, addressed the incident in a TikTok video posted on Monday (17 September).

In the video, Mr Tan, who is also Senior Minister of State for National Development, emphasised the need for mutual respect at these sessions, which are intended to be safe spaces for both residents and volunteers.

“It was unfortunate that the police had to be called to MPS today when a resident became a little more aggressive,” Mr Tan said, acknowledging the incident that occurred during the Monday MPS session at Block 408 Bedok North Avenue 2.

Mr Tan expressed empathy for the challenges faced by residents but urged individuals attending MPS to remain respectful towards volunteers.

“Sometimes you see such cases at MPS, where one of the residents get more aggressive and can be a little bit more violent,” he noted.

He added that while efforts are made to assist residents, certain matters are beyond their control.

“For example, we can’t write to a government agency to demand the agency to offer a job to a person … but we can facilitate and make sure that opportunities are available for our residents,” he explained.

@tankiathow

It was unfortunate that the police had to be called to #MPS today when a resident became a little more aggressive. We always do our best to help #KampongChaiChee residents, but some things are beyond our control. Let’s work towards mutual respect and ensure MPS remains a safe space for both residents and volunteers. #caringeastcoast

♬ Future – Official Sound Studio

Netizens Question Volunteers’ Handling of Situation and Call for Greater Action from MP

The incident drew numerous responses on TikTok, with some expressing support for Mr Tan and others sympathising with the unnamed resident.

One comment suggested that the individual may have been “desperate” for a solution to their issue, while another urged patience, noting that not all cases can be resolved immediately.

Separately, Mr Tan responded to one user by confirming that he had previously helped the resident’s parents.

Some questioned whether the issue arose from a lack of tact by certain volunteers in handling the situation, suggesting that they receive proper training to address residents’ concerns effectively.

In response, Mr Tan emphasized that his volunteers always do their best and that empathy is crucial in such situations.

Another user noted that empathy should be mutual, suggesting that while residents are trying their best, they may feel they have no other solutions, urging Mr Tan to show greater understanding.

One comment pointed out that something significant might have affected the resident, possibly leading them to drastic actions, and called for more proactive measures from the MP rather than just expressing empathy.

This is not the first time an MPS has been marked by aggression.

In 2018, Jurong GRC MP Tan Wu Meng was assaulted by a 32-year-old man, leaving him with injuries.

The assailant was arrested after rushing into the MPS area and attacking Dr Tan.

Similarly, in 2009, Ang Mo Kio GRC MP Seng Han Thong was attacked when a resident doused him with paint thinner and set him on fire. Mr Seng survived but required extensive medical treatment.

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