Comments on: CPF: What happened since GE2006?

By: The Singapore Daily » Blog Archive » Weekly Roundup: Week 45

The Singapore Daily » Blog Archive » Weekly Roundup: Week 45 — Sat, 07 Nov 2009 03:26:00 +0000

[...] CPF – TOC: CPF: What happened since GE2006? [...]

By: assaaa

assaaa — Sat, 07 Nov 2009 01:18:40 +0000

walao! DAMN WELL SAID MAN! PLEASE GO TO MY CONSTITUENCY!

it is indeed a burden in singapore to be old.

By: Singapore Boy

Singapore Boy — Fri, 06 Nov 2009 05:45:48 +0000

What the hell they are thinking? The PAP must be living in another world.
How can one work from 55 years old to 65 years old. Wait for the cpf life drawn down age at 65 to collect money?
Now people have difficulties in getting jobs, they are between 20-40 years old.
Who wants to employ older people? They can easily get foreign talents, foreign workers, PR, or new citizens at a lower pay and longer working hours.

By: FriedKwayTiaoWithHum

FriedKwayTiaoWithHum — Fri, 06 Nov 2009 03:23:23 +0000

Last time, Singaporeans look forward to celebrating our 55 years old birthday because we can withdrawal OUR fixed deposit from CPF after working hard for so many years.

Now, we are lucky to be employed when we are 55 years old. We cannot withdraw OUR money because PAP says we don’t know how to manage our finances. So for our own good, PAP will keep our money forever. It is prefectly all right for the rich and those PAP self-serving fat cats because they don’t need the money in the CPF.

Hello! PAP, it is MY money. I should have the freedom and rights to decide how I spend MY money. If I choose to use MY money as toilet paper why should you bother!

PAP *pui*.

By: btan

btan — Thu, 05 Nov 2009 06:54:52 +0000

To those who keep saying opposition has no credibility or what have they done, this is just one of the many examples of why we need an opposition MP. More than one in fact.

I hope all the detractors can open your eyes wide now. Unfortunately for Mr Low, he is just one man in a sea of yes-men. If we the voters can vote in a substantial number of opposition MPs (30% to 40%), issues such as this he raised cannot be easily swept aside by the government.

We can then truly debate the issue and come up with a more robust solution to address our concern.

You may not necessarily have children, or serve NS, but everyone will get old and die one day.

By: Poor guy

Poor guy — Thu, 05 Nov 2009 05:29:33 +0000

We can see our money but cannot touch it, just because this greedy, blood sucking govt. gave all sort rubbish reason to withhold our money and give them to the risky woman gambler to gamble away B$$$$. I had said before this govt wld not take care of the poor, no social benefit for the poor and old, u die ur own business policy.

By: I am NO stupid

I am NO stupid — Thu, 05 Nov 2009 04:57:55 +0000

I still think that if that is my money, I should be able to decide when I want to use it and how I am going to use it. I am old enough to retire and old enough to take the consequence. On face value, it looks like the government is too caring and worry we all will spend the money before we are gone. But again, that is my money, please not to interfere. Isn’t it we always tell our children to be independent, to take charge?

By: The Singapore Daily » Blog Archive » Daily SG: 5 Nov 2009

The Singapore Daily » Blog Archive » Daily SG: 5 Nov 2009 — Thu, 05 Nov 2009 03:35:28 +0000

[...] CPF – TOC: CPF: What happened since GE2006? [...]

By: Sam

Sam — Thu, 05 Nov 2009 03:32:20 +0000

This is the most ridiculous and warp logic of PAP, one works all his life thru sweat and blood, pay taxes and dues, hoping to retire in dignity in his/her golden years, yet this bloodsucking PAP government withheld our monies indefinitely (keep mpoving goal post), to add salt to wound, look at the rising cost, mean-testing, retirement in JB what craps from PAP. Also don’t forget the mass influx of FT/FWs, another 10-20 years, you may be taxed heavily to sustain the infrastructure of targetted 6.5M population.

Why can we withdraw our hard earn money at 55? They tell you that you don’t know how to manage your money?? Ask the PAP, how better are they managing the state money (Town council lost Millions, GIC/TH lost billions/Overpaid ministers etc)

Look and envision your future, will it be rosy & swiss standard as being propaganded again and again by the party that has ruled for 50 years? Vote with your eyes open folks people, this evil policy of bloodsucking will affect every singaporean rank & file.

By: slohand2

slohand2 — Thu, 05 Nov 2009 01:16:55 +0000

That the Life annuity was vehemently rejected during the early stages only to be replaced by the CPFLife, which is mandatory in 2013 speaks volumes of the PaP’s desire to have this implemented by hook or by crook. They only tweak this a little and comes out with a fancy 4 flavoured approach, without even mentioning the details. I am a little luckier to have escaped the mandatory CPFLife, but I can share the anger of those who are forced to join the scheme. They sent me mailers and booklets enticing me to join. Funny thing is that the carrot they dangled ( upto 4,500 dollars if I agree to join) is dependent on many other criterias. It was like means testing to see if you qualify for the carrot. Its so typical of PAP and so insincere at it. Dang.

I think this is the ugliest period in PAP’s 50 year history, and I cannot wait for the day when they lose some “important” seats. Our MPs think they that it is their right , as the chosen ones to do the things that only benefit them.

By: nappys

nappys — Wed, 04 Nov 2009 14:43:48 +0000

gov wants us to work like a dog, shack like a dog, i think dog even live a better life than poor s’porean…

By: tellthetruth

tellthetruth — Wed, 04 Nov 2009 13:55:44 +0000

This gov reminds me of the story book-Animal Farm.
Ironic is-ppl was so idiotic and simplistic to give a mandate to rule and what are we’getting in return.
Do not try this again,i.e to give them another mandate.If we’re goin to do it we’ll surely be dead and not be able to touch our CPF money at all.
Listen to your heart when you vote the next time.

By: tiredsingaporean

tiredsingaporean — Wed, 04 Nov 2009 13:34:40 +0000

CPF? what cpf are you people talking about? your cpf savings? yeah right, only printed on your statement, that’s all. Where the hell you think they get those $$$ to lost $50billion? THINK!!!!!

By: You sure or NOT

You sure or NOT — Wed, 04 Nov 2009 13:26:20 +0000

They just want to your money in their banks and investments, probably after so much losses, they cant offer to repay principal + interests.

The CPF withdrawal would be raised, retirement age would be raised, thats for sure. Unless we have a army of doctors or physiotherapists hanging around us, I am starting to see a lot of people not living pass 70 with this sort of stress hanging on our necks.