An honorable member of the Coffee Shop Has Just Posted the Following:
from the messy desk of my li'l brother leetahsar who would be 55yo next year and getting very desperate.......:D
what i think the gahmen should seriously do and do it fast before 2014 cos that would be the year i should have my cpf saving back. that was the original plan for cpf.
the gahmen should let the citizens have a choice when they hit 55yo. 1) withdraw every cents of their cpf savings OR 2) leave it with the gahmen, enjoy the "higher" interests accrued and be at their mercy.
that would be a fair deal for every singaporeans. those who trust the gahmen would choose choice #2. those who don't - like me who gladly choose choice #1.
suppose everyone goes for choice No.1, i bet cpf shall be bankrupted.....which would mean i m right not to trust the gahmen hogging over my meagre life saving which they cleverly call cpf or a con ponzi fund
Click here to view the whole thread at www.sammyboy.com.