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  1. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Dear Char_Azn Thank you for agreeing. Will let the matter rest. Incidentally, you could just ignore my post and not reply. Yours truly did not arm wrestled you to. On another note, it is bad light to go into diatribes and vulgarity and go full caps. Have I offended you in any way ?
  2. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn You are truly fixated on the monthly drawn sum that the CPF would bring without thinking of how it is being formulated and what system it is being derived. Without argument as long as it is passable, you would just accept so long as you are in a position meet the 40.7 percentile...
  3. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn 1. The Reserves, you got it wrong again. Am leaving it all intact even the 2% interest. Only taking the 2% Interest's interest at 2% again to fund PA needs. USD225B approx = SGD281B @ 2%pa = SGD5.6B 2% interest of SGD5.6B = SGD112.5M Say at $500 (current is $400) can help 18,750...
  4. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn You still did not get the gist of what I mean. 1. The Singapore life expectancy if 80.1 years old, Male is 77 years old. Why fixed at 85 ? Safety precaution for the state ? We have boasted our Foreign reserves to be at US$225 Billions as at 2010. You good are maths, do the interest...
  5. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn Right but have you asked why $131K yield only $1.1K/mth only to be drawn at age 65 ! Basically, the state is pushing away it's liability and responsibilities out to citizens to fend for themselves. What happen if one is in a dire strait from age 55 to 65, what is he going to...
  6. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn I take offence if you are addressing me with your; Did I raised any suka suka concession with regards to the Special or Ordinary accounts ? The request is to be more realistic in the minimum sum target to cater for the low wage earners. As it stand in 2010 only 40.7% of people who...
  7. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    The CPF minimum sum and criteria should be set to a more realistic amount & time frame which cater to the lower wage earners so that they could not only see but fully utilize their retirement fund. If the magic age of 55 is deemed too "young" then 60 would be apt. Hence. AWHL could also be...
  8. Silencer

    Inderjit kena suan by Today wrap-fish newspaper

    So what was the clarification and what had been clarified again ? Awkward ! Why so ? Is it not voting a secret unless you yourself let it be known ! So pray tell what so "awkward" ? Which means; 1. Socially uncomfortable 2. Hard to deal with 3. Causing inconvenience 4. Lacking grace and...
  9. Silencer

    Lim Swee Say Propose Foreign Talent Limits

    http://www.businessweek.com/news/2011-06-02/singapore-unions-propose-foreign-talent-limits-labor-chief-says.html Out of 116,000 jobs created last year, 59,700 jobs went to foreigners. That is about 51.4% and less than 49% went to "residents". Which can be safely assumed out of every 4...
  10. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn Firstly if you take the starting age at 25 to reach 55 years old for the lock-in conversion of both the Ordinary & Special accounts to the Retirement account will only be 30 years. Afterwhich, all of it less for Medisave shortfall will be categorized as the Retirement account though...
  11. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn Note if at age 25 you immediately deduct $1,000 per month as housing loan then you are presuming even before the lad start work he has THE 15% in his CPF to pay off the booking deposit. Then again you will argue they would receive the AHG but what happen to those who is not...
  12. Silencer

    CPF minimum sum to be revised upwards to S$131,000

    Char_Azn You need to leave out the Ordinary account in total as most would use that for their housing loan. Your projection of $101K for starting salary of $2,500.00 at age 25 would not be enough to buy a 3-room HDB flat. You also need to consider the poor will definitely use their CPF to...
  13. Silencer

    would you vote for George Yeo, if he run for President?

    Without a doubt, NO ! For this statement; The gall of it all and the promise of what ? I just don't believe !
  14. Silencer

    DPM Teo - The salary cut not expected to be huge. Don't get too excited

    Frankly speaking coming from both DPM Teo & Dr. Lim many may construed them to be influencing the Committee decisions. Believe it is best those that are concern to be silent and not seen to be flouting their weight.
  15. Silencer

    A comparison between Chen Show Mao and the "peoples MP" Tan Chuan Jin.

    the "peoples MP" Tan Chuan Jin. Dear Sir During and just after the election everyone promised change, now it seems to be past tense. You said most of our forefathers were immigrants and that I agree. Real Talents that came in heading the industries (P1) and as entrepreneurs we Singaporeans do...
  16. Silencer

    Cross street viaduct - what a screwup - who will pay for this mistake?

    It was never meant to be a permanent feature. http://app.lta.gov.sg/corp_press_content.asp?start=2063
  17. Silencer

    Irene Ng complained about Aljunied Meet the People Session

    http://theonlinecitizen.com/2011/05/pap-mp-irked-by-coverage-on-opposition-mps/
  18. Silencer

    CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!!!!!

    Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF! Correct ! If one takes a paper and put the word CPF in the center and you will see all the major ticket items link back to it with the exception of Transportation. 1. Employment & Levies 2. Housing & Loans...
  19. Silencer

    What will the Police or rather the Government will do ?

    If the incident happened here ...
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