Another reason not to have compulsory annuity

Any Singaporean Ah Pek/Ah Mah who owns a 3 rm flat does not need any compulsory annuity insurance. They can rent out two rooms to foreign workers/foreign talents. $150 per worker, max 8 workers or $300 per foreign talent, max 4 talents, will bring in $1,200 pm. Much much more than any annuity insurance schemes can pay.

Also another reason to bring in more foreign workers and talents to occupy