CPF is not your money, the drumming starts

NMP Chia Yong Yong’s debutante speech in Parliament is exactly the right kind of speech the Govt is waiting to hear, and must be very pleased with it. CPF money is not the CPF member’s money, or at least not all. Her reason, the employer’s contribution would not be there if the Govt did not legislate it to be there. And the Govt also tops up once in a while. So, the CPF members cannot decide how and when it should take it out and how to spend it. Tiok Boh? See, when the Govt helps you, by topping up your CPF, see what is going to happen to your money? So scary.
 
All the charity organizations in Singapore that I have contributed my $2 to, using the same reasoning, please, the money is not yours and you have no right to do as you please. I want to have a say. All the civil servants and ministers and MPs, your salary is paid by taxpayers’ money and I am a taxpayer, I contributed part of your salary, you cannot anyhow spend your salary without my permission ok?
 
KNN, I am also confused. So, please tell me the money in my CPF account belongs to who? Who has the right to use it, spend it or use it to buy Medishield Life or CPF Life? Oh dear, if the entity that decides how to spend the money must be the owner of the money, then I retract my question. Sorry, take it that I never ask. It just confirms that the money is not my money because I cannot or did not decide or give permission for the CPF to buy CPF Life and Medishield Life Insurance for me. And yes, I also cannot decide when I can take out the money and how much I want to take out for my own use. So, on these grounds it is not my money. Tiok Boh?
 
This is the first time when the ownership of a person’s life time savings is in question, and it seems that the Govt or the CPF has a right to it. Not my money. But why the Govt says it is my money, or at least dare not say it is not my money, or says it is the Govt’s money? Not my money mah!
 
The money in the CPF is like in no man’s land, dunno who is the rightful owner. Got like that meh? While the Parliament is sitting, can the ministers clarify this for once, whose money is it? And if it is the members’ money, what right can the Govt decide how and when it wants to spend it on things the Govt compulsorily made the members to pay for it? Who gives the Govt this right to spend the members’ money on CPF Life and Medishield Life?
 
What do you think? Keep beating the drums that the money does not belong the the CPF members and after sometime the people will get use to it and will convince themselves that the money do not belong to them but to whoever that has the audacity to take it by hook or by crook. A lie when repeated often enough will be taken as the truth.
 
I think a legally trained mind must be cleverer than the ignorant and daft untrained mind. The daft Sinkies must get use to this new interpretation of your money, oops, not your money, but the money in your CPF account, is not entirely yours. Other entities also got a share to it. Maybe the employers can take it back. Maybe the charitable Govt that contributed $200 into it can have a controlling say over it.
 
Tiok Boh? This must be another uniquely daft Sinkie thinking.