Posted Feb 17 2023 at 06:43 PMUpdated Feb 18. 2023 at 9:40 am
Already badly embarked from a legal point of view, the government’s plan to introduce a remainder payable on the Personal Training Account (CPF) is also contested on the merits. A study by the Ministry of Labor published on Friday undermines an argument put forward to require the holder to put his hand in his pocket: this would eliminate a large number of “pleasure” purchases.
The department’s studies department, Dares, scrutinized the progress and results of the training courses due to end in November 2021, by questioning those who took them eight to nine months later. Main result: eight training courses out of ten displayed at least one professional objective: improving their career prospects for a third of the holders who mobilized their account, retraining for a quarter or even creating or taking over a business for a fifth.