Monthly Archives: October 2017

Malaysia’s EPF : 1, Singapore’s CPF : Kosong

Fact: Our CPF scheme has failed retirees and is even worse than Malaysia’s EPF scheme. For comparison, we’ll use the amount strictly allocated for retirement, ie EPF A/C 1 vs CPF SA. (Round off to 16% for EPF A/C 1 … Continue reading

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How wealthier CPF members kena scammed but loving every moment of it

The PAP government has always tried to avoid spending a single cent on citizens through all sorts of scams. The most well known scams are of course selling HDB leases which include land price and creaming off returns from CPF … Continue reading

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The CPF Life scam and why PAP should return our CPF

Roy was right about “The Dirty CPF-HDB Scheme To Trick Singaporeans“. I will not touch on the HDB part but only state the obvious about our CPF. Is CPF money, or not money? CPF savings used to fund housing becomes … Continue reading

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CPF Board should stop tweaking CPF scheme, learn from Malaysian counterpart to tackle retirement shortfall issue

Our CPF system has been abused for far too long and is in urgent need of a revamp. The issue of retirement adequacy has never been properly addressed: allocation rates have not been amended (nor CPF interest rates increased). Even … Continue reading

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The $346 billion CPF question: What is the PAP concealing?

Governments do not conceal information which should be in the public domain for no rhyme or reason. This is common sense. When it comes to managing citizens’ retirement funds or state reserves, there is even more reason to be transparent. … Continue reading

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