CPF did not fulfilled basic obligations to maximise returns for future retirement
07-09-2022, 03:20 PM
07-09-2022, 04:10 PM
07-09-2022, 04:27 PM
07-09-2022, 04:32 PM
07-09-2022, 06:01 PM
Sounds like from the start of their planning was never to craft CPF for bottom 20% but only for the rich.
Win the World but lost your Soul.
07-09-2022, 06:40 PM
07-09-2022, 07:24 PM
07-09-2022, 09:28 PM
07-09-2022, 09:34 PM
07-09-2022, 09:38 PM
07-09-2022, 09:53 PM
08-09-2022, 08:22 AM
..
CPF management simply puck a rate from nowhere W/O any consideration of market trend or analysis.
How can such people allowed to manage $450 billion pension funds?
CPF management simply puck a rate from nowhere W/O any consideration of market trend or analysis.
How can such people allowed to manage $450 billion pension funds?
08-09-2022, 09:17 AM
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As reported, GIC, MAS and Temasek combination is the largest contributor to Budget but it's ridiculous that CPF members, the largest source of funds do not benefits from it at all all.
This makes absolutely no economic sense.
As reported, GIC, MAS and Temasek combination is the largest contributor to Budget but it's ridiculous that CPF members, the largest source of funds do not benefits from it at all all.
This makes absolutely no economic sense.
08-09-2022, 09:40 AM
(07-09-2022, 09:53 PM)Scythian Wrote: On the contrary, badly managed
U r very contradicting leh. U keep saying CPF interest rate not good yet u die die super thick skin want to put your money in CPF. U r just like those people who bought just 1 share of the company then want to question the CEO how he run the company.
08-09-2022, 11:32 AM
(08-09-2022, 09:40 AM)winbig Wrote: U r very contradicting leh. U keep saying CPF interest rate not good yet u die die super thick skin want to put your money in CPF. U r just like those people who bought just 1 share of the company then want to question the CEO how he run the company.
The time will come when I LL give notice to withdraw my CPF.
That will be the happiest day of my life.
08-09-2022, 11:36 AM
(08-09-2022, 09:32 AM)FartSunKing Wrote: fcuking whiner!
everyday self fcuk own arsehole over CPF
you fcuking traitor has no right to beg PAP for money
get it?
You are a Traitor from Malaysia
You have no right to talk about anyone
May your daughter die in an accident X 100 million
Why do we need 5 Mayors and 80 PAP Ministers?
08-09-2022, 03:11 PM
QUESTION IS WHY IN 1980 LKY TIME CAN GIVE >6% NOW 2.5%
the gdp of spore is now how many x of 1980 ?
yet we re getting lesser in rtn ?
sth n sby is not right to give us rtn of miserable 2.5%
mind u cpf is also gurantee in today as was 1980
how much has US markets shhot up fr 1980 till today
the gdp of spore is now how many x of 1980 ?
yet we re getting lesser in rtn ?
sth n sby is not right to give us rtn of miserable 2.5%
mind u cpf is also gurantee in today as was 1980
how much has US markets shhot up fr 1980 till today
08-09-2022, 05:57 PM
(07-09-2022, 09:53 PM)Scythian Wrote: On the contrary, badly managed
Because all the MOM Ministers are poorly- qualified for the job
to handle MOM & CPF which is a Conflict of Interest
especially Shoot Blank Queen who is an idiot and a total misfit
Why do we need 5 Mayors and 80 PAP Ministers?
08-09-2022, 07:04 PM
if that the case, why we still need so many minister sitting in the parliament. small country and yet so many overpaid staff. who vote who.paid
08-09-2022, 07:32 PM
(08-09-2022, 08:22 AM)Scythian Wrote: ..
CPF management simply puck a rate from nowhere W/O any consideration of market trend or analysis.
How can such people allowed to manage $450 billion pension funds?
The idiotic PAP just fight fire like Primary One kids
Especially Shoot Blank Queen merely
move the goalposts at her own convenience but our expense
Where got analysis, extrapolation or even redoing the formula to justify?
Why do we need 5 Mayors and 80 PAP Ministers?
08-09-2022, 08:18 PM
A fair comment but how do u define maximise return? The CPF ACTs has not such definition. They have also admitted that CPF is only able to secure and safe keep the CPF money as best they could and they allow members to use some CPF and invest in CPFIS on their own. There were over 600,000 members made use CPFIS and 31% came with losses or less than 2.5% return.
https://www.cpf.gov.sg/content/dam/web/m...Report.pdf
Maybe u pple should vote yrself into Parliament and see if U could do something better. No point throwing useless remarks.
https://www.cpf.gov.sg/content/dam/web/m...Report.pdf
Maybe u pple should vote yrself into Parliament and see if U could do something better. No point throwing useless remarks.
08-09-2022, 08:32 PM
(08-09-2022, 08:18 PM)teaserteam Wrote: Maybe u pple should vote yrself into Parliament and see if U could do something better. No point throwing useless remarks.
Other developed countries can do it, why PAP can fail 11,000 times?
(15 years X 12mths X 20 Ministers X 3 times of average Ministers salary)
China can even use math to justify how they need to fluctuate percentage points
for Retirement Ready elderly but PAP failed.
No one ask for miracles, just what other Ministers in other countries can do.
.
Why do we need 5 Mayors and 80 PAP Ministers?
08-09-2022, 08:38 PM
(08-09-2022, 08:32 PM)Ola Wrote: Other developed countries can do it, why PAP can fail 11,000 times?
(15 years X 12mths X 20 Ministers X 3 times of average Ministers salary)
China can even use math to justify how they need to fluctuate percentage points
for Retirement Ready elderly but PAP failed.
No one ask for miracles, just what other Ministers in other countries can do.
.
Same comment. Vote yrself in and do yr best for us.
09-09-2022, 03:42 AM
09-09-2022, 01:56 PM
10-09-2022, 06:32 AM
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Singapore leaders can pledge US$6.5 Bil (S$ 9.1 Bil,) to President Marcos Jr
But CPF management cannot afford to raise interest rate by 1% ,???
WTF is going on?
Singapore leaders can pledge US$6.5 Bil (S$ 9.1 Bil,) to President Marcos Jr
But CPF management cannot afford to raise interest rate by 1% ,???
WTF is going on?
10-09-2022, 06:34 AM
11-09-2022, 07:26 AM
11-09-2022, 08:15 AM
With HDB helping sinkie becoming millionaires, for many low SES families here CPF had already lose it's purpose and capability of retirement fund and nao only as a mean to pay off their 99yrs lease of millionaire public housing nia.
There was a time when the country asked ordinary men to do extraordinary things.
But now, they'll only do it for money.
14-09-2022, 06:58 PM
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