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CPF forces you the save la!

I

Isogallardo

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Boh CPF what do you think when you get old and no savings? DIE ah? Blame PAP ah?


1901385_801815659835341_2062417471_n.jpg
 
CPF force you to Slave lah. They thought CPF can help them in their retirement mah.. So they rely on the that and they dun save for retirement personally. In the end, your fucking PAP govt backstab them and cannot take out CPF to retire and you start to bullshit here?

Pls dun come here to insult other people's intelligence. You are not up to that yet.
 
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HELLO........Kopisai...How are you today? Feeling ok after Kena Pwned? :D
 
Isogallardo said:
Boh CPF what do you think when you get old and no savings? DIE ah? Blame PAP ah?


View attachment 14585
Click to expand...

Force people to save, but you old already also cannot touch a large portion of the money. Only TH and GIC can touch it.

Did you know that if you never will your CPF to a particular person, when you die, the government chiong kong all your CPF. Even if you have a will but never specifically put that the CPF will go where, it is still chiong kong by government. The government eat your pei bu CPF and you dont get a cent. Dun blame PAP ah?
 
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Poomer said:
...Did you know that if you never will your CPF to a particular person, when you die, the government chiong kong all your CPF....
Click to expand...



It is SOP for the PAP. They will try to grab anything & everything if possible.

Another example is HOTA. All your body parts belong to the PAP unless you inform them otherwise :rolleyes:
 
Isogallardo said:
Boh CPF what do you think when you get old and no savings? DIE ah? Blame PAP ah?


View attachment 14585
Click to expand...

Yes. The CPF policy is good. It encourage savings. But its my sweat and blood. I slot for it. Is my money. Why cant i withdraw when i retire at 55?

U look at Msia. With all the anti-msians forummers here. At least the garment allow their citizens to withdraw full at age 55yrs. This one win hands down if compare to sinkieland.

http://www.thestar.com.my/Business/...contribution-rate-unchanged-till-age-60.aspx/
 
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Poomer said:
Force people to save, but you old already also cannot touch a large portion of the money. Only TH and GIC can touch it.

Did you know that if you never will your CPF to a particular person, when you die, the government chiong kong all your CPF. Even if you have a will but never specifically put that the CPF will go where, it is still chiong kong by government. The government eat your pei bu CPF and you dont get a cent. Dun blame PAP ah?
Click to expand...

as much as I hate the pap, what you wrote is total bullshit.

If you did not make a CPF nomination, your CPF savings will be paid to the
Public Trustee for distribution to your family according to the intestacy laws upon your demise.

For non-Muslims, your CPF savings will be distributed in accordance with the Intestate Succession Act. For example, if you are single, your CPF savings will be distributed equally between your parents. If you are married, your spouse will receive half of your CPF savings, and your children will share the remaining half.

For Muslims, your CPF savings will be distributed in accordance with the Administration of Muslim Law Act.


http://mycpf.cpf.gov.sg/CPF/my-cpf/Losing-Loved-One/LO2.htm
 
 
nabye, already technically take away 40% total of our salary, still want use to save some more?? eat sewer oil 2 meals a day, eat air 1 meal a day issit????
 
Money in your CPF is only yours if you can withdraw and spend. Goal posts keep shifting. And 60% dont mind.
 
What is the cause of this? Check my signature.
 
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Also, please be aware that a lot of the surveys and media interviews given by the folks from the financial and banking industry, lamenting the lack of saving for retirement, are nothing more than indirect advertisements to get you to invest (e.g. buy their annuities or structured financial products).

That's why the Leegime's fat crony cum wanton mee connoiseur Gerard Ee also gave his public opinion on the matter.

http://sammyboy.com/showthread.php?176010-Gerrard-Ee-says-he-is-worried-people-not-saving-for-future!
 
tonychat said:
CPF force you to Slave lah. They thought CPF can help them in their retirement mah.. So they rely on the that and they dun save for retirement personally. In the end, your fucking PAP govt backstab them and cannot take out CPF to retire and you start to bullshit here?

Pls dun come here to insult other people's intelligence. You are not up to that yet.
Click to expand...

Well said, I have added your point
 
BamBi said:
as much as I hate the pap, what you wrote is total bullshit.

If you did not make a CPF nomination, your CPF savings will be paid to the
Public Trustee for distribution to your family according to the intestacy laws upon your demise.

For non-Muslims, your CPF savings will be distributed in accordance with the Intestate Succession Act. For example, if you are single, your CPF savings will be distributed equally between your parents. If you are married, your spouse will receive half of your CPF savings, and your children will share the remaining half.

For Muslims, your CPF savings will be distributed in accordance with the Administration of Muslim Law Act.


http://mycpf.cpf.gov.sg/CPF/my-cpf/Losing-Loved-One/LO2.htm
Click to expand...

That's what my friend told me happen to a grandpa of his friend. Srsly, even if the govt find some excuse to dun payout, and dun, you think quoting a website will ensure you get your parents cpf? You think the newspaper will report if u make a big hoo hah? And judging by the track leecord of our exemplary government, you can guarantee the rules wont change ten years down the road?
 
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