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

[votepapout]

The answer is very simple we the daft citizen whom have vote them all this while and including the 60% whom have voted in GE2011.Brudder we are finished we will not be able to see any monies from our cpf.

 

[dankos]

fat ass charlatan doggie,

for all the $ that u spend on holdhand sky-dropping, u mean they couldn't find a bigger helmet for your ernomous head

fucking hell that helmet looks far too small for u. pity the helmet.

 

[tonychat]

fat ass charlatan doggie,

for all the $ that u spend on holdhand sky-dropping, u mean they couldn't find a bigger helmet for your ernomous head

fucking hell that helmet looks far too small for u. pity the helmet.

is this posting related to anything about CPF raising its minimum sum?

 

[tonychat]

Does 40% Count?



I cringed when the PM said sorry. I felt I was in Twilight Zone when he put the blame on his MPs instead of PAP grassroots leaders for their arrogance and ignorance [Link]. I had vertigo when he announced a committee to review ministers’ salary! I was amazed that Transport Mintster Lui took bus and MRT to prove that he deserve his millions. I was shocked that Vivian was at the flood drowning site [Link] and Tanglin Mall when it flooded yesterday [Link].
Are these for real? Or is this another way to “fix and buy”? [Link]
While they are at it, I strongly suggest that they pay attention to CPF. Many Singaporeans are pissed with CPF’s management riding roughshod over its members. I trusted them but when I celebrated my 55th birthday, I realized that I’ve been screwed big time. Until then, I did not know that CPF have shifted the goalposts so many times to prevent me from getting my hard earned savings. In fact, they have made the “goalposts smaller than the ball”!
I know “You Can’t Touch This” but brudder, it’s time to “Set Me Free Why Don’t You Babe? Get Out Of My Life Why Don’t You Babe?

1. Who give them the right to delay our CPF withdrawal?
2. Who give them the right to increase the minimum sum?
3. Who give them the right to increase Medisave?
4. Who give them the right to charge an admin fee for use of Medisave?
5. Who give them the right to start the CPF Life Annuity?
6. When a Singaporean dies, will the nominee get the balance of the deceased’s CPF balance in cash or will it be credited to nominee/s CPF?

Just who give them the right to come up with all those weird (I have lost count) schemes (Medisave, Minimum Sum, Annuity, etc.) to leech on to our money, to mess with our old age, our dignity?
I have been told by friends and relatives to lay off. To take a break from ‘agitating’ and ‘antagonizing’ the power that is. They say it would do me no good to be picked up by ISD as “there is no broadband in prison” and better not to “kowpeh” [Link].
Then again, if we just keep quiet and not have the courage to speak , write or blog, what’s going to happen to our future? Who is going to help build a democratic society based on justice and equality? Who is going to make the millionaire mintsters work for their money? To wade through floods on Sunday morning and smell some sweaty armpits in MRT and buses during peak hours.
Does 40% votes that went against the PAP (Proud Arrogant Party) wake up their bloody ideas and not take us for granted?
I hope so.
.

Sinkies' ball-less self give them the right to do anything to screw sinkie ass.

Sinkies' addiction to ass screwing give them the right to take as much money as they want to screw sinkies' ass further.

 

[dankos]

is this posting related to anything about CPF raising its minimum sum?

dunno. what has this got to do with u?

 

[tonychat]

dunno. what has this got to do with u?

i am just surfing around to check the current IQ level of some of the lowest life form in this forum.

 

[SIFU]

i am just surfing around to check the current IQ level of some of the lowest life form in this forum.

CB kia tonychat,

yingluck will be the next thai pm. hahaha. fuck u.

 

[votepapout]

Sinkies' ball-less self give them the right to do anything to screw sinkie ass.

Sinkies' addiction to ass screwing give them the right to take as much money as they want to screw sinkies' ass further.

tony fuck you lah, what sinkies?

 

[streetcry]

(Quote)

DEAR ALL SINGAPOREAN,
THIS IS NO LAUGHING MATTER!
1) THEY ARE BROKE AND WANT TO TIGHTEN OUR BELTS BUT NOT THEIRS!
THEY NEEDED MORE MONEY AND THIS IS A CLEAR SIGNAL. GIC LOST TOO MUCH MONEY AND NOW THE NEW HEAD WANTS MORE AND MORE MONEY! NEVER ENOUGH MONEY FOR THEM.
2) THEY ARE BUILDING MORE RENTED FLATS COS THEY DON’T WANT US TO OWN ANY MORE FLATS, THEY JUST WANT US TO WORK PAY RENTAL, TILL WE DROP AND HOLD ALL OUR SAVINGS IN CPF.
3) GPS ERP HAS BEEN IN TESTING SINCE LAST YEAR, THEY WANT OUR MONEY AND ROB OUR PRIVACY IN KNOWING WHERE WE ARE GOING. ARE WE NOT LIKE SLAVE?
4) THEY WANT TO CONTROL US AND WANT OUR MONEY ONLY, IS THIS TRULY LEADERSHIP OR DICTATORSHIP?
5) LET US ALL WEAR BLACK TOP EVERY SUNDAY TILL THEY REALLY LISTEN TO US THEN LISTENING TO THEMSELVES, THEY ARE WANTING US TO DIE SLOWLY ANYWAY. WHEN WE ARE GOING TO DIE THEY ROB US OF ALL OUR SAVINGS. LET US WEAR THESE BLACK TOP ALL OVER THE NATION AND TAKE VIDEO AND SEND IT TO PRESIDENT OBAMA. PERHAPS HE CAN HELP SET US FREE. HE AND NATO HELPED OUT IN SETTING THE PEOPLE FREE IN THE NORTHERN AFRICA ISSUES.
6) WHY DO WE NEED TO WAIT TILL THIS TERM ENDS AT 2016 AND VOICE OUT, MANY WOULD HAVE DIED BY THAT TIME, THERE WILL BE LESS SINGAPOREAN. WE WILL BE SEEING MORE PEOPLE COMING FROM CHINA AND INDIA. WE MAY BE RENAME AS CHINDIAPOREAN OR INDNAPOREAN. WE NEED TO STAND UP NOW!
7) THE CONCEPT IS CLEAR JUST WANTING THE VERY RICH AND THE POOR TO BE AROUND. POOR SERVING THE RICH ONLY, ALL MIDDLE CLASS CAN MOVE TO JB. THE RICH WILL BUY AND STAY IN THEIR PROPERTIES, THE POOR WILL WORK AND RENT FROM HDB LEASING DEPARTMENT, BEFORE THEY DIE NEED TO GIVE ALL MONEY TO CPF AND THEN TRANSFERED TO GIC. JUST THINK HOW COULD GIC KEEPS LOOSING MONEY AND AT THE SAME TIME HAVING AS MUCH MONEY? YOU DON’T NEED AN ACCOUNTANT TO EXPLAIN THIS SIMPLE TRUTH.
TRUE SINGAPOREANS WILL PROBABLY END BEFORE THE WORLD ENDS!

 

[tonychat]

5 years ago, businessmen suspect the CPF is all gone. Well, business people are smart, aren't they?

where are all the PAP losers who try to hijack this thread? Go into hiding?

 

[johnny333]

5 years ago, businessmen suspect the CPF is all gone. Well, business people are smart, aren't they?/QUOTE]

If you're a thief & you have easy access to all that money(CPF), would you leave anything behind

Maybe the original intention was to return the money after the gambling session(s). However we have seen many lesser mortals charged & sentenced in court for borrowing company funds. Gambling with other peoples money is a bad idea.

As a gov't the PAP is of course Lee-galised to do so. Must blame the60+% majority of Sporeans for allowing them to do so :(

 

[streetcry]

Most S'poreans expect to have less than S$150,000 in CPF on retirement
Posted: 15 June 2011 2018 hrs
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SINGAPORE : People in Singapore who plan for their retirement will have about S$153,000 in retirement savings and investments, according to a survey by HSBC.

Those who do not plan - 28 per cent of individuals - will retire with a smaller amount of about S$80,000.

The Future of Retirement survey said about 76 per cent of those with a retirement plan rely on life insurance to finance their retirement.

Not surprisingly, these people also have a more positive outlook and fewer worries about retirement.

However, 65 per cent are concerned about the prospect of unforeseen events derailing their retirement plans.

The 2011 report, "The Power of Planning", is the sixth in a series and is based on interviews with more than 17,000 people in 17 countries.

The Singapore report was based on views of 1,046 respondents from the republic.

Finances are at the top of most Singaporean's minds when it comes to retirement - 55 per cent cited concerns about the need for more savings as people are living longer.

Furthermore, 29 per cent - the highest in Asia - were also concerned about costs of caring for older parents.

The majority of Singaporeans - 65 per cent - expect their CPF lump sum to be below S$150,000 when they retire.

According to the study, Singaporeans estimate that they will need an average monthly retirement income of S$3,000.

Commenting on how Singaporeans can save for their retirement nest egg, CEO of HSBC Insurance, Walter de Oude, said if a 65-year-old has S$150,000 in his CPF account, he can expect to receive about S$1,400 every month from CPF Life.

In order to receive a monthly income of S$3,000 during retirement, he will have to supplement his CPF savings with another investment.

- CNA/al