[Scythian]

And why should those who did not borrow CPF money cares about Increasing CPF Interest will affect those pple borrowing CPF money. As for affecting economy system, that sound like what PAP will say to scare ppl..

Bottomline is govt want to play like an INC.. Good time when interest rate is low, tell us must peg to SIBOR..

Now interest rate go up already, will tell us no more INC... need to care about pple borrowing CPF money etc. & affect economy system.. Everything govt wins..

"吃人"

[Scythian]

..

Incompetent : GIC cannot depends solely on CPF members cheap savings for funding it's overseas investments.

And pocketing those profits.

[[[ForeverAlone]]]

..

Incompetent : GIC cannot depends solely on CPF members cheap savings for funding it's overseas investments.

And pocketing those profits.

people say GIC investment " never touch CPF " but well as " outsiders " we don't know.

I always feel " A thing owned by Govt " they can just do it behind who knows.

[Scythian]

people say GIC investment " never touch CPF " but well as " outsiders " we don't know.

I always feel " A thing owned by Govt " they can just do it behind who knows.

"CPF issue: GIC manages CPF monies along with other govt funds: DPM Tharman"

https://www.straitstimes.com/singapore/c...%20Tharman

[mikotan]

Cannot increade lah. Else how to promote and sell their so-called AFFORDABLE bto flats.

[Scythian]

Cannot increade lah. Else how to promote and sell their so-called AFFORDABLE bto flats.

..
All CPF members sacrificed their hard-earned lifetime savings to help the authority and to keep the system alive.

[talky]

..
All CPF members sacrificed their hard-earned lifetime savings to help the authority and to keep the system alive.

n oone is happy to suffer to support their super rich salary n lifestyle

[Scythian]

.
Hopefully CPF Board didn't employed a blind CEO who can't see commercial Banks FD interest rates are much higher then CPF rates.

How can CPF CEO becomes a market follower rather than a leader?

[Scythian]

.

System failure of linking CPF members savings  >  SG Govt Bonds > MAS. > GIC

The circuit breaker trip causing outages

[[[ForeverAlone]]]

.

System failure of linking CPF members savings  >  SG Govt Bonds > MAS. > GIC

The circuit breaker trip causing outages

CPF actually when started is NOT so " complicated " etc. Is later become more " complicated " Maybe is PAP intention to make you confuse , all along they like to use this tactics , good an example your PUB bill etc, bills.

[Scythian]

CPF actually when started is NOT so " complicated " etc. Is later become more " complicated " Maybe is PAP intention to make you confuse , all along they like to use this tactics , good an example your PUB bill etc, bills.

Confusing members in order to pay low interest.

It's only Singapore leaders making it complicated that no other countries doing it.

[Scythian]

.
To comply with market practice

Irrespective of whether rates affect GIC performance or not, CPF must increase to 3.25%

[Scythian]

.
To comply with market practice

Irrespective of whether rates affect GIC performance or not, CPF must increase to 3.25%

Basing on banks12 months FD AVG rate @ 2.70%, trajectory 30 years, CPF Savings is 0.75% - 1.00,% higher than banks.

Rightly CPF Board should pay OA at least @ 3.25,% pa.

[mikotan]

Any fools here top-up cpf? Now banks interest rates is higher! And going higher next few months!

[Scythian]

Any fools here top-up cpf? Now banks interest rates is higher! And going higher next few months!

News reported records after recording top up CPF  amounts (true or not, 4you to decide) .

Who were those idiots locking in cash cannot bewithdraw for a lifetime?

[Scythian]

As comparison to Temaseks performance

"Temasek said on Monday that downturns in China and the technology sector in particular had weighed down on its performance, with shareholder returns standing at just 5.8 per cent in the 12 months to March, far below the 24.5 per cent recorded for the previous year."

OMG..last year was 24.5% while CPF management only achieved 2.5% P.a.

CPF members being cheated

[Scythian]

.
Unethical

 No reasons to make 4.5 million CPF members as scapegoats to save the underperforming World's 5th  largest SWF

[talky]

Any fools here top-up cpf? Now banks interest rates is higher! And going higher next few months!

only staunch pap supports  n sillyporeans now top up cpf
they choose to be blind
wha]t to do ?

[Scythian]

only staunch pap supports  n sillyporeans now top up cpf
they choose to be blind
wha]t to do ?

Damn bloody stupid to lock-in your lifetime cash and at CPF Management's mercy..

[Scythian]

.
Our CPF savings providing lifeline link to GIC is  becoming a burden to everyone, and is preventing CPF Board from hiking interest rates.

We lost income and cost opportunities

Govt SWF, GIC is now, a burden to each and every CPF members in this country.

[Scythian]

"GIC manages CPF monies along with other govt funds: DPM Tharman"

https://www.straitstimes.com/singapore/c...%20Tharman

[talky]

.
Our CPF savings providing lifeline link to GIC is  becoming a burden to everyone, and is preventing CPF Board from hiking interest rates.

We lost income and cost opportunities

Govt SWF, GIC is now, a burden to each and every CPF members in this country.

the same thing as this :
a roof over the head  is now becoming  a burden over the head as hdb a public housing scheme cost >800k

[Scythian]

the same thing as this :
a roof over the head  is now becoming  a burden over the head as hdb a public housing scheme cost >800k

 Linking CPF Savings together with everything has today, created a perfect storm.

Unavoidable misery

[talky]

 Linking CPF Savings together with everything has today, created a perfect storm.

Unavoidable misery

in the not so  far distant sporeans are the most miserable n unhappiest in the world despite many more millionaires

[Scythian]

in the not so  far distant sporeans are the most miserable n unhappiest in the world despite many more millionaires

CPF savings is the only Cash Cow

[Scythian]

Our Govt is India No.1 foreign direct investor.

Our CPF savings are facing troubles in India as stock market crashed to it's lowest in 2022.

Why CPF CEO reluctant to raise rates?

[Scythian]

3 major US banks are hiking their prime rates by 75 basis points — and are now at the highest levels since the 2008 financial crisis. 

Dear CPF CEO

What's happening to you?

[Scythian]

Any fools here top-up cpf? Now banks interest rates is higher! And going higher next few months!

Members Putting in hard-earned cash, whereas govt only book entries.

[Scythian]

No good reason for CPF CEO not raising interest and yet, using our savings to feed GIC

[talky]

No good reason for CPF CEO not raising interest and yet, using our savings to feed GIC

if cpf still turn a blind eye will hv serious consequences to2025 GE
maybe by end 2024 will wayang a bit to increase a little