tag:blogger.com,1999:blog-17473688.post8982504332096167599..comments2024-03-29T13:25:57.689+08:00Comments on My Singapore News: Time to change beneficiary in CPFChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-17473688.post-63340080781713935422008-10-23T17:57:00.000+08:002008-10-23T17:57:00.000+08:00Thank you too. Anytime!Stay merry!Thank you too. Anytime!<BR/><BR/>Stay merry!Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-42939738999591922992008-10-22T19:58:00.000+08:002008-10-22T19:58:00.000+08:00I do wish I am wrong, the more wrong I am, the mer...I do wish I am wrong, the more wrong I am, the merrier I am.<BR/><BR/>Thanks aplenty for the interactions, Matilah Singapura!<BR/><BR/>patriotAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-25906099010955709592008-10-22T16:40:00.000+08:002008-10-22T16:40:00.000+08:00> Few would have much to pass down to successor...<I> > Few would have much to pass down to successors in future < </I><BR/><BR/>I think you are incorrect in saying that.<BR/><BR/>More people than ever are leaving inheritances. Society <B>as a whole</B> is getting richer, thanks to free enterprise and a reasonably free market.<BR/><BR/>You will find the people who are "left behind" are making their decisions to take action based on beliefsⓂatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-13920778572097749592008-10-22T01:31:00.000+08:002008-10-22T01:31:00.000+08:00CPF money is self explanatory, it is CPF Money and...CPF money is self explanatory, it is CPF Money and up to it to arrange for its' uses and returns to members. A big portion will be retained, medisave, minimiun sum and what not. <BR/><BR/>Few would have much to pass down to successors in future with falling wages and ever rising costs of livings in essential goods and services.<BR/><BR/>patriotAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-85155652016300129752008-10-21T12:08:00.000+08:002008-10-21T12:08:00.000+08:00PP, yes you have to refund the money back to your ...PP, yes you have to refund the money back to your CPF account + interest if an ex-Singapore citizen or ex-Singapore PR is granted SIngapore citizenship or PR again. It's no big deal for me as I had used that momey to profit from the property boom in my adopted country a few times over. I have now liquidated my property assets there and am waiting for the private property market in Singapore to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-13248508519737924962008-10-21T11:07:00.000+08:002008-10-21T11:07:00.000+08:00So, if you come back after leaving and taking out ...So, if you come back after leaving and taking out your CPF, you have to reinstate what you took out from the CPF when you leave. That probably is one of the reasons why so few wanted to come back and the Govt also knows that if reinstatement of their CPF is not required, many will take advantage of this loophole.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-55983543874000071052008-10-21T09:49:00.000+08:002008-10-21T09:49:00.000+08:00You guys need to think outside the square a bit. F...You guys need to think outside the square a bit. First you need to leave Singapore and setup base in an immigrant-friendly country for a few years, typically 5 - 7. Once you qualify for citizenship in your new country, renounce your Singaporean one and collect your CPF in full. Once you do that, you are free to re-enter Singapore and look for a job. After you secured one, you will be given an EP,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-38258557378613176272008-10-20T21:50:00.000+08:002008-10-20T21:50:00.000+08:00plain Robbery. Working in paradise and unable to e...plain Robbery. Working in paradise and unable to enjoy ones earning in Heaven. FT benefit the most, they can pack up and leave with their Nest when time to retire.<BR/><BR/>poor local. we are being rob by the fat cat as well.<BR/><BR/>a chinese proverb " we work to live, Not live to work."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-16493883343602605842008-10-20T18:00:00.000+08:002008-10-20T18:00:00.000+08:00ya man. just take comfort that the money is always...ya man. just take comfort that the money is always there, and hopefully cpf is still there when you need the money.<BR/><BR/>and you can feel very rich by reading the statements.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-78708640127717372562008-10-20T16:42:00.000+08:002008-10-20T16:42:00.000+08:00Good luck in trying to collect every dime in "your...Good luck in trying to collect every dime in "your" CPF.<BR/><BR/>CPF (aka social insurance) contribution is a <B>TAX</B>. Once you've paid it, the govt can do as it pleases.Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-2453993737998538532008-10-20T14:41:00.000+08:002008-10-20T14:41:00.000+08:00It is not compulsory to make a nomination. You can...It is not compulsory to make a nomination. You can leave it as such, or withdraw a nomination. In such situations, the money will be handed over to the executor of the late member's estate, which could be his/her spouse, child, grandchild, great-grandchild.Anonymousnoreply@blogger.com