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Some useful references.
Committee of Supply (Speech 1) by Mr Tharman Shanmugaratnam, Deputy Prime Minister, Minister for Finance & Minister for Manpower, 05 March 2012, 1.30pm, Parliament
Speech by Mr Tan Chuan-Jin,Minister of State (Manpower and National Development) At The Retirement Conference “Improving Retirement Security in Singapore” At Hilton Hotel, Singapore On 12 April 2012 At 9:15 am