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It is about time we took our money back.
Make CPF your issue.
Make CPF the HOT topic.
CPF is your money.
Make CPF your issue.
Make CPF the HOT topic.
CPF is your money.
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CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!!!!!
- Thread starter ahleebabasingaporethief
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
LATEST: Call For REVIEW of CPF. Return Money At Age 55; Like Ministar Pension
I call for a IMMEDIATE REVIEW of CPF rules that have been over the years "CHANGED" to the disadvantage of CITIZENS OF SINGAPORE.
Do you agree?
Start a PROPER petiton. I guarantee more than ONE MILLION CITIZENS will sign the petition.
Do you agree?
Start a PROPER petiton. I guarantee more than ONE MILLION CITIZENS will sign the petition.
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
last time during gohct era, we were 'forced' 2 accept our cpf minimum sums withdrawl.
now, with so much resentment, lhl has admitted mistakes made n acknowledge, its time he reverse d cpf minimum withdrawl sums
CPF IS LEGALLY OUR $$, d government got no rights to force us to hold back
last time during gohct era, we were 'forced' 2 accept our cpf minimum sums withdrawl.
now, with so much resentment, lhl has admitted mistakes made n acknowledge, its time he reverse d cpf minimum withdrawl sums
CPF IS LEGALLY OUR $$, d government got no rights to force us to hold back
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
IMHO, a review of the CPF scheme is long overdue & should be done as soon as the review of Ministers' Salaries has been completed.
The government have gone back on their word as the original intention of the CPF scheme was to return all monies in the CPF to the citizens on reaching the age of 55.
IMHO, a review of the CPF scheme is long overdue & should be done as soon as the review of Ministers' Salaries has been completed.
The government have gone back on their word as the original intention of the CPF scheme was to return all monies in the CPF to the citizens on reaching the age of 55.
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
You want your CPF money to look after your mei mei or wife in Batam?
If you want something hot, go and eat curry fishhead at Muthu Fishhead Curry! If no more money in CPF, then some chilli padi will do.
What, you want to put your CPF into a bank account and earn 0% interest?
You want your CPF money to look after your mei mei or wife in Batam?
If you want something hot, go and eat curry fishhead at Muthu Fishhead Curry! If no more money in CPF, then some chilli padi will do.
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
cheebye pap lanjiao ib. It is the government job to ensure retirement security. If not, uprising to remove it. Eh, cheebye, cpf is my money. You do not want your lanjiao money is your lanjiao problem. Do not go tell people what to do with their money. You dare talk back to toh chin chye who said this lanjiao gia? EH, LANJIAO GIA, I DEMAND AN EXPLANATION OR ELSE. YOUR KIND OF LANJIAO TALK. I SEE YOUR PAP IB GO FOR THE SAME LANJIAO ORIENTATION.
cheebye pap lanjiao ib. It is the government job to ensure retirement security. If not, uprising to remove it. Eh, cheebye, cpf is my money. You do not want your lanjiao money is your lanjiao problem. Do not go tell people what to do with their money. You dare talk back to toh chin chye who said this lanjiao gia? EH, LANJIAO GIA, I DEMAND AN EXPLANATION OR ELSE. YOUR KIND OF LANJIAO TALK. I SEE YOUR PAP IB GO FOR THE SAME LANJIAO ORIENTATION.
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
What is the bloody use if you only know how to rant in the forum. No balls to do other things?
What is the bloody use if you only know how to rant in the forum. No balls to do other things?
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
Most Sinkies do not know what or how to do with all that CPF money if it were to be returned to them. Look at the Lehman mini-bond saga. They will just lose it to the hedge fund managers or the financial houses.
Better to keep it with CPF to earn interest. At least you get 2.5%, and up to 4% still not great compared to inflation but compared to banks paying less than 0.5% still much better.
People with CPF money shld look for capital protection and dividends, not risk them in the stock market or structured deposits.
Most Sinkies do not know what or how to do with all that CPF money if it were to be returned to them. Look at the Lehman mini-bond saga. They will just lose it to the hedge fund managers or the financial houses.
Better to keep it with CPF to earn interest. At least you get 2.5%, and up to 4% still not great compared to inflation but compared to banks paying less than 0.5% still much better.
People with CPF money shld look for capital protection and dividends, not risk them in the stock market or structured deposits.
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
lianbeng prefers CPF money converted to cash in our savings accounts coz CPF money can see cannot touch no use mah.
lianbeng prefers CPF money converted to cash in our savings accounts coz CPF money can see cannot touch no use mah.
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
there's not enough money in the PONZI-BLACKHOLE called CPF to pay out..........................
that's why all the schemes to defer payment like raising retirement age, etc.................
the reason why new and old flats have gone up in cost is so they can wipe out your CPF a/c...................
there's not enough money in the PONZI-BLACKHOLE called CPF to pay out..........................
that's why all the schemes to defer payment like raising retirement age, etc.................
the reason why new and old flats have gone up in cost is so they can wipe out your CPF a/c...................
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
Singaporeans cannot handle their OWN money; so CPF keeps it for them.
Singaporeans are of POOR STOCK; that is why we need more FTs
LUNG CHEOW:oIo::oIo::oIo:
These are ALL LIES.
When are you FUCKING CITIZENS going to WAKE UP?
MAKE CPF CPF CPF THE HOT TOPIC IN ALL FORUMS.
Singaporeans cannot handle their OWN money; so CPF keeps it for them.
Singaporeans are of POOR STOCK; that is why we need more FTs
LUNG CHEOW:oIo::oIo::oIo:
These are ALL LIES.
When are you FUCKING CITIZENS going to WAKE UP?
MAKE CPF CPF CPF THE HOT TOPIC IN ALL FORUMS.
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
Conversely, CPF should allow you to leave your money in the CPF at 2.5% or 4% if you want to. A friend got so mad that CPF forced him to withdraw the CPF money which he didn't need and which he was quite happy to leave in his CPF accounts at 4%. Only minimum sum is allowed to remain.
Conversely, CPF should allow you to leave your money in the CPF at 2.5% or 4% if you want to. A friend got so mad that CPF forced him to withdraw the CPF money which he didn't need and which he was quite happy to leave in his CPF accounts at 4%. Only minimum sum is allowed to remain.
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
Your friend must be very cash rich.
Even if you are cash rich; leaving money at 4% in the hands of SHARKS is STUPID.
Rules are changed all the time.
I am voicing this CPF issue because my children are now in their 30s. In twenty years time or more they will be 55.
There are many in Singapore TODAY with tens of thousands if not hundreds of thousands in their CPF but DO NOT EVEN have $1000 to their names outside.
This is inhumane. IMAGINE PUTTING FOOD INTO A GLASS CAGE AND LET HUNGRY DOGS SNIFF AND SEE THE FOOD. YOU KNOW THE FEELING?
We are not talking dogs here. I am talking CPF MONEY IS YOUR OWN MONEY OK!!
If you do not FIGHT FOR YOUR OWN RIGHTS; WHO IS GOING TO DO THE FIGHTING FOR YOU?
Your friend must be very cash rich.
Even if you are cash rich; leaving money at 4% in the hands of SHARKS is STUPID.
Rules are changed all the time.
I am voicing this CPF issue because my children are now in their 30s. In twenty years time or more they will be 55.
There are many in Singapore TODAY with tens of thousands if not hundreds of thousands in their CPF but DO NOT EVEN have $1000 to their names outside.
This is inhumane. IMAGINE PUTTING FOOD INTO A GLASS CAGE AND LET HUNGRY DOGS SNIFF AND SEE THE FOOD. YOU KNOW THE FEELING?
We are not talking dogs here. I am talking CPF MONEY IS YOUR OWN MONEY OK!!
If you do not FIGHT FOR YOUR OWN RIGHTS; WHO IS GOING TO DO THE FIGHTING FOR YOU?
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
Sorry, the CPF is not Ponzi as it is a fully funded compulsory retirement savings. It is not a pension and not notionally funded. It is fiscally sound but the somehow, so much of your savings and mine has become taxed into a pension scheme for medical and retirement instead, though it is not. If the government wants to borrow CPF money to gamble, it needs to issue special bonds that give out 6.5% returns. It also needs to separate out the CPF interest enjoyed by PRs and citizens. PRs should only get 1%OA, 2%SA and MA2% interests. Citizens should get 2.5%OA, 10%SA, 10%MA. Given the contribution breakdown to the various accounts and the lower contribution for PRs, there is more than enough left over to pay administrative fees.
Sorry, the CPF is not Ponzi as it is a fully funded compulsory retirement savings. It is not a pension and not notionally funded. It is fiscally sound but the somehow, so much of your savings and mine has become taxed into a pension scheme for medical and retirement instead, though it is not. If the government wants to borrow CPF money to gamble, it needs to issue special bonds that give out 6.5% returns. It also needs to separate out the CPF interest enjoyed by PRs and citizens. PRs should only get 1%OA, 2%SA and MA2% interests. Citizens should get 2.5%OA, 10%SA, 10%MA. Given the contribution breakdown to the various accounts and the lower contribution for PRs, there is more than enough left over to pay administrative fees.
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
As Jerry Macguire said "SHOW ME THE MONEY!!!"
As Jerry Macguire said "SHOW ME THE MONEY!!!"
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
That is a valid claim. CPF is compulsory savings for retirement. To force a withdrawal is to disavow a commitment to ensure retirement income security by the government. But this is to cheem for the current PAP members.
That is a valid claim. CPF is compulsory savings for retirement. To force a withdrawal is to disavow a commitment to ensure retirement income security by the government. But this is to cheem for the current PAP members.
Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
My friend was quite pissed off, also, now earning less than 1% from his bank interest.
My friend was quite pissed off, also, now earning less than 1% from his bank interest.
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Re: CPF LATEST: Dear SINGAPOREANS. Make CPF The HOT TOPIC In All FORUMS. CPF CPF CPF!
brudder.................do the math......................
every year and every month more and more money entering the CPF....................calculate the interest to be paid on that amount........................and compounded interests..................
IT'S UNSUSTAINABLE...................
no way anyone can make more and more money every single year to cover the principal sum and compounded interests...........
that's why medical costs going up..............new flats and old flats going up..............to wipe out the funds in peoples' CPF a/cs..............retirement age going higher..................THEY DON'T HAVE ENOUGH CASH TO PAY OUT...............
already S'pore's national debt greater than our GDP................and PAP already borrowing money to sustain the CPF..............
brudder.................do the math......................
every year and every month more and more money entering the CPF....................calculate the interest to be paid on that amount........................and compounded interests..................
IT'S UNSUSTAINABLE...................
no way anyone can make more and more money every single year to cover the principal sum and compounded interests...........
that's why medical costs going up..............new flats and old flats going up..............to wipe out the funds in peoples' CPF a/cs..............retirement age going higher..................THEY DON'T HAVE ENOUGH CASH TO PAY OUT...............
already S'pore's national debt greater than our GDP................and PAP already borrowing money to sustain the CPF..............
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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
3. Medical & Insurances
Go to DOS and check on the population demographics of the baby boomers
of the 6o's and early 70's which will be retiring within these few years and you
will get an inverse pyramid.
How to not let the inverse pyramid topple over, the early schemes of longer retirement age and higher minimum sums were implemented with lower interest
rates.
Compare the chart 10 years ago and now, which is still an inverse pyramid albeit a little broader at the base and further hoping it will turn to be a self standing column instead.
To guarantee it to be standing at least for the near future, importing ready to contribute PRs & New citizens to beef up the love handles is the norm and fad.
Furthermore, with the CPF pool of money ever growing, all will be eyeing for that cake and eat it - how not to ! '
And the easiest and fastest is to increase the prices and costs to deplete the CPF holdings.
You think my worries are unfounded and misleading ?
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
3. Medical & Insurances
Go to DOS and check on the population demographics of the baby boomers
of the 6o's and early 70's which will be retiring within these few years and you
will get an inverse pyramid.
How to not let the inverse pyramid topple over, the early schemes of longer retirement age and higher minimum sums were implemented with lower interest
rates.
Compare the chart 10 years ago and now, which is still an inverse pyramid albeit a little broader at the base and further hoping it will turn to be a self standing column instead.
To guarantee it to be standing at least for the near future, importing ready to contribute PRs & New citizens to beef up the love handles is the norm and fad.
Furthermore, with the CPF pool of money ever growing, all will be eyeing for that cake and eat it - how not to ! '
And the easiest and fastest is to increase the prices and costs to deplete the CPF holdings.
You think my worries are unfounded and misleading ?
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