CPF savings is the single largest source of cheap fundings for GIC.
So unfair, Why CPF members be exploited?
(14-09-2022, 01:56 AM)Scythian Wrote: GIC profiting substantially from global high interest rates while CPF pensioners get 🥜Govt already say CPF is not used to fund gic lah.. wait kena sued for defamation.
CPF savings is the single largest source of cheap fundings for GIC.
So unfair, Why CPF members be exploited?
(14-09-2022, 07:45 AM)ArielCasper Wrote: Govt already say CPF is not used to fund gic lah.. wait kena sued for defamation.
But someone/govt must have benefitted from the situation. Our law forbid us to freely used our money, so there must be above market rate return to us to compensate of the risk to our CPF monies.
(14-09-2022, 08:06 AM)FartSunKing Wrote: