here’s a crazy idea… just bear with me. what if the gahment doesn’t want to give you back your CPF because it’s no longer there? has anyone actually read a report or heard what the gahment actually invests in with the CPF? how much return on investment have they made by investing everyone’s hard earned money?
Love this particular podcast. I’ve given up reading the papers since every other article is in some way or other related to “convincing” the populace that we need the cpf changes. Kudos to well done parody of our ridiculous Need-to-be-Strait-jacketed Times.
Thanks, mb! Very funny. I will cash out my CPF when I get my new citizenship elsewhere. Start withdrawing only at 85 and need to live another 20 years (i.e. 105) to enjoy the full sum of my own contribution to Compuslory Annuity? Aiyah, migrate easier lah!
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Sure, it’s good and convenient for the government. I would come up with the same ideas even if you don’t pay me $1m a year. How do we know that the system works well for the people? What do we compare it with?