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Full Version: where's wendy?
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If Fook Me Hard’s appeal goes through, more lau kok koks will lagi sayang her Big Grin
And what she says makes sense. You pull the rug out from those 55s and above with this drastic action without any warning.

Those in their 20s, 30s and even 40s still got time to adjust. But not the 50s group due to the little time left before SA closure.

Chao papee
as if other MPs didnt know re this change BEFORE it was announced

questions in parliament are jsut wayang to the max
and worried about boomer votes?
(27-02-2024, 09:34 AM)wendychan Wrote: [ -> ]as if other MPs didnt know re this change BEFORE it was announced

questions in parliament are jsut wayang to the max

me sure you are old enough to know all the wayang they put up.

hawker center cleaning, trace together saga, oxLEE saga or Rajah big house saga.
and ANYTIME, they can jsut change the CPF rules again and again
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(27-02-2024, 10:05 AM)ODA TETSURO Wrote: [ -> ][Image: Left.png]
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Overall, can say she's on the pretty side but there's still a serious flaw. The neck would look less scary if its length is reduced by half.  Rolleyes
(27-02-2024, 09:37 AM)wendychan Wrote: [ -> ]and worried about boomer votes?

Oh it's you. When I saw the thread's title, I thought Aiptasia's mother was being summoned from below. That's Mrs Wendy Subramaniam.

Anyhow, I don't think they are affected badly or at all. Why?

1. Not everyone is like 发神经 aka Fartsunking at this forum who has a million dollars in his CPF. The other points follow...

2. The SA may be zero or left with very little money because most or all of it had be moved to the RA already.

3. It's not as if the money in the SA is not earning any interest at all after the change. It just earns less between 4% and 2.5%. But if the SA balance is negligible, the loss of interest @1.5% of that is not going to even scratch their backside skin.

4. If the balance is big, then it means these boomers were very high income earners. They are a small minority whose votes are not the majority working class. 

5.  For those in (4), besides being able to transfer this to the RA, they can also withdraw it and invest outside the CPF and one would expect them to be savvy.

I have one more reason to support LW because this shows that we are having a smart guy for our next PM. In face it is our good fortune that pap had done so well that peepur want to leave their money with CPF instead of withdrawing as much as they could as soon as they could.

The Malaysians government allowed jhks to withdraw $33 billion of their EPF in the recent COVID crisis while the Singapore government withdrew our past reserves and literally gave... gave, not lent... the money to us. Now most Malaysians cannot FIRE (Financial Independence Retire Early).
Trying to claw back boomer votes?
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