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Why CPF CEO only time himself to raise CPF OA rate near GE?
Whats the real impact during an election?
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(12-11-2022, 08:55 AM)Scythian Wrote: Why CPF CEO only time himself to raise CPF OA rate near GE?
Whats the real impact during an election?
This is because the PAP wants a strong mandate in a general election....
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(12-11-2022, 08:55 AM)Scythian Wrote: Why CPF CEO only time himself to raise CPF OA rate near GE?
Whats the real impact during an election?
if OA goes up...............CPF will collapse much quicker..................paying compound interests on a principal sum that's increasing on a monthly basis - impossible situation !
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(12-11-2022, 08:55 AM)Scythian Wrote: Why CPF CEO only time himself to raise CPF OA rate near GE?
Whats the real impact during an election?
Huh? Where got raise OA interest?
Got formula to follow leh
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(12-11-2022, 09:21 AM)debono Wrote: This is because the PAP wants a strong mandate in a general election.... 
Watch closely the correlation of CPF OA interest hike and coming GE