tag:blogger.com,1999:blog-17473688.post2940947252447296313..comments2024-03-28T17:31:22.152+08:00Comments on My Singapore News: A simple CPF question Chua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger30125tag:blogger.com,1999:blog-17473688.post-6942122179703012322014-08-20T11:33:20.633+08:002014-08-20T11:33:20.633+08:00So many Singaporeans saved for a life time but nev...So many Singaporeans saved for a life time but never get to use the money. But they should be happy to die and feeling rich.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-84939469284999163072014-08-19T08:34:02.318+08:002014-08-19T08:34:02.318+08:00Part 3
The garment of the day should kick the add...Part 3<br /><br />The garment of the day should kick the addictive habit of spending $$$$$ big time on superficial ego boosting projects and look good, optional expenditures and focus more on its people who built this nation and served NS ( aka cheap sai kang. Still cannot fathom why must pay crumbs to our ns boys but give out freely to foreign students in hundreds of millions each year? What Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-202875236133073162014-08-19T08:32:09.904+08:002014-08-19T08:32:09.904+08:00Part 2
This is "too much" after a life ...Part 2<br /><br />This is "too much" after a life time or about 40 long years of slogging. Usually, most of these retirees are low level manual workers. Due to MANY YEARS long hours of work, poor rest/ food, usually before 65 they could be suffering from poor health.<br /><br />There are many cases of low income workers who pass on in their late 40s, 50s and early 60s due to heart Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-91638120116573604322014-08-19T08:29:59.990+08:002014-08-19T08:29:59.990+08:00Part 1
Rb // How many people died without touchin...Part 1<br /><br />Rb // How many people died without touching their CPF savings? //<br /><br /><br />Tiok.<br /><br />Rb, can YEW start a petition, get it signed and send to the DOORSTEPS of your "MOM-MY" boy or poster boy or whatever YEW prefer to "affectionately or one-sidedly, blindly " want to call him by.<br /><br />The important thing is for many people especially old Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-30185096302505026692014-08-18T23:14:51.048+08:002014-08-18T23:14:51.048+08:00people still do not get it. all politicians and th...people still do not get it. all politicians and their masters are evil irregardless what they are claimed. the difference lies in the intensity. bnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-58581970806178516692014-08-18T20:58:02.208+08:002014-08-18T20:58:02.208+08:008.25 pm that guy is daft and is an idiot lar so do...8.25 pm that guy is daft and is an idiot lar so don't get upset over him. Actually my monthly drawdown from cpf is 750 per month. It is more than enough for me to meet mei mei once a week. If they let me take the whole sum at my age I still would only meet met mei once a week which is 100 per visit lar. So why the govt worry about me blowing all the money on mei mei? The spirit is willing butAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-23525495414374444062014-08-18T20:25:01.377+08:002014-08-18T20:25:01.377+08:00Can't imagine there are daft Sinkies that thin...Can't imagine there are daft Sinkies that think it is ok for a govt to keep all the people's money cuz a few people may have money problem. These kind of silliness is beyond idiocy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-3138019733657492122014-08-18T19:51:21.133+08:002014-08-18T19:51:21.133+08:00" What PAP is always afraid of is that the go..." What PAP is always afraid of is that the government has to old and destitute people with no means to support themselves. No welfare state for Singapore.<br />On the whole the PAP system for CPF is good for the country."<br />August 18, 2014 4:45 pm<br /><br />MY ANSWER<br />---------<br />1. I don't care what PP is afraid of. <br />What PAP is afraid of is not my problem. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-11206898172180858572014-08-18T16:45:59.737+08:002014-08-18T16:45:59.737+08:00Singapore is expensive and life is very competitiv...Singapore is expensive and life is very competitive. PAP runs a good government and CPF is to ensure the people get an income when they are old and not able to work. OK retaining ALL CPF may be a little over the top, but at age 65 people will be able to get back what is over and above $155K. That I think is reasonable. PAP reckons that $155K is enough to maintain a good life from 65 till you haveAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-63414309733781201642014-08-18T16:08:31.241+08:002014-08-18T16:08:31.241+08:00At least their children (or next of kin) can touch...At least their children (or next of kin) can touch their cpf. Compare to compulsory pensions funds from many first world countries, it is much better. bnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-33290909914146395022014-08-18T15:52:50.706+08:002014-08-18T15:52:50.706+08:00'Singapore is expensive because PAP government...'Singapore is expensive because PAP government wastes a lot of our money on useless project.'<br /><br />You forgot to add the millions they have to pay themselves and many yodas.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-46498924340723137932014-08-18T15:50:53.912+08:002014-08-18T15:50:53.912+08:00The cost of a Toyota Camry in Singapore is $160,00...The cost of a Toyota Camry in Singapore is $160,000 ... thanks to our PAP government.<br />A Toyota Camry costs $30,000 in Australia.<br /><br />Our PAP government is making Singapore very expensive.<br />And how does PAP want to reduce costs?<br />They want to reduce our wages.<br /><br />make no mistake.<br />Singapore is expensive because PAP runs a very expensive government.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-45820004256387572932014-08-18T15:13:18.581+08:002014-08-18T15:13:18.581+08:00i am 35 years old.
i want CPF to be abolished.
It&...i am 35 years old.<br />i want CPF to be abolished.<br />It's my money.<br />how i spend is my business.<br /><br />we pay million dollars to PAP ministers to be honest.<br />why not pay me million dollars so that I will not need welfare?<br />Farking PAP logic right?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-92184031255561883842014-08-18T15:10:39.926+08:002014-08-18T15:10:39.926+08:00/// Singapore no longer or able to can compete on .../// Singapore no longer or able to can compete on cost with the cheaper countries. ///<br />August 18, 2014 11:07 am<br /><br />I challenge this idea.<br />Singapore is expensive because PAP government wastes a lot of our money on useless project.<br /><br />Our land is expensive because PAP government wants to make a lot of money from land sales and rental.<br />If our land and rental costs wereAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-6221591073134167432014-08-18T15:02:20.752+08:002014-08-18T15:02:20.752+08:00Just love matilah's in your face dose of reali...Just love matilah's in your face dose of realism and practical thinkingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-10441374542756292772014-08-18T14:33:59.198+08:002014-08-18T14:33:59.198+08:00This Raymond was exposed in TRE and got farked by ...This Raymond was exposed in TRE and got farked by everyone for his stupidity. Now come here to talk cock. Luckily the people here are nicer to him.<br /><br />Anon 1:58, no mean testing please. It is our money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-29308251677290532972014-08-18T14:17:49.625+08:002014-08-18T14:17:49.625+08:00Many of those who know how to invest would not abl...Many of those who know how to invest would not able to meet the minimun require sum, they know they put inside the cpf is negative returns to them, it better for them to invest for their future?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-207776334013177062014-08-18T14:04:08.723+08:002014-08-18T14:04:08.723+08:00Previously , all the CPF return to people, most of...Previously , all the CPF return to people, most of them who can manage their money do well after they get back their money? Their living standard improve after 55 they got back their money many don't overspent, and get good return from their diversify source of income?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-3884879068129269282014-08-18T14:03:07.877+08:002014-08-18T14:03:07.877+08:00My friends that is called LIFE!My friends that is called LIFE!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-21010049954313552902014-08-18T13:58:48.002+08:002014-08-18T13:58:48.002+08:00If CPF really help those person to get a better in...If CPF really help those person to get a better income and diversify their source of income let them get it back when the past the credit bureau, credit worthiness test, there is not good enough reasons to hold the category of people CPF which they had been waiting for 40 years suppose to return to them, why should hold this category of people CPF?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-80705567238965563722014-08-18T13:57:18.709+08:002014-08-18T13:57:18.709+08:00拉皮 : // Think of it as a "pay it forward"...拉皮 : // Think of it as a "pay it forward" scheme -- you inherit your parents' CPF leftover, and your kids will inherit yours//<br /><br />How many PG and oldies inherited their parents cpf leftover, pls KEE CHIU?<br /><br />Is 拉皮 suggesting old man, all the PGs and many current oldies inherited their parents' leftover? <br /><br />IB getting no standard? Same same downward Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-82640464246617968292014-08-18T13:49:29.780+08:002014-08-18T13:49:29.780+08:00think out of the box...
think simple...
at 55, a...<br />think out of the box...<br /><br />think simple...<br /><br />at 55, allow people to withdraw<br />50% of their cpf if they wish....<br /><br />at 65, allow people to withdraw<br />ALL cpf if the wish....<br /><br />no need to twist and turn the cpf<br />scheme....<br /><br />don't complicate a good scheme....<br /><br />it is that simple, cheers.......<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-39655893321279448232014-08-18T13:32:24.363+08:002014-08-18T13:32:24.363+08:00What about people who need money now, urgently?
W...What about people who need money now, urgently?<br /><br />What about people who got no children?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-76002514649470303662014-08-18T13:23:53.100+08:002014-08-18T13:23:53.100+08:00Even if G give your CPF back to you in a lump sum,...Even if G give your CPF back to you in a lump sum, there's also no guarantee that you will spend them all (or run out of money) before you die, silly!<br /><br />Think of it as a "pay it forward" scheme -- you inherit your parents' CPF leftover, and your kids will inherit yours.<br /><br />Get it?<br />Raymondnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-72546580904580770762014-08-18T11:34:01.936+08:002014-08-18T11:34:01.936+08:00If the credit bureau rate the person high, should ...If the credit bureau rate the person high, should return all the CPF to the person to manage, no point CPF keep it to manage too much money, as it was promised to return by 55?<br /><br />The main reason to hold people money is that some people can't manage well the money, so if the credit bureau rate the person ok, should it be return to them, so the can get better returns then the CPF?Anonymousnoreply@blogger.com