Nonsense From Lee Hsien Loong

zhihau said:

vote the PAP out

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TracyTan866 said:

LHL talked nonsense when he said Singaporeans may get a lump sum back, up to 20% of his CPF, at 65years old ...

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po2wq said:

ah loon is fixing peasants ...

stick 2 demand on original promise ... gif back all cpf 2 peasants @ age 55 ...

evryting else is totally unacceptable ...

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TracyTan866 said:

.... thinking that Singaporeans are not mature to handle his own life and financial affairs at 55years.

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Leongsam said:

He's absolutely right.

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mojito said:

Please have a heart. Loong has already taken a fisting by his man-wife for cutting her shopping budget.

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TracyTan866 said:

LHL talked nonsense when he said Singaporeans may get a lump sum back, up to 20% of his CPF, at 65years old.

Why should Singaporeans accept this nonsense from LHL. It is just a smoke screen to distract Singaporeans.

Let's get back to the original agreement:

1. My CPF is my money
2. the original agreement was that I will get back my CPF money at 55yrs

Why should I accept anything LHL said that renegades on the original agreement to return my money at 55? Why should I let LHL dictate that he will return 20% of my money at 65?

This is atrocious!

If I am 55, I am mature enough to handle my own money. I don't need LHL nor PAP to decide for me. When will LHL be mature enough to see that?

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TracyTan866 said:

Can any lawyer advise whether it's legal for the pap to change the original CPF agreement unilaterally? Can Singaporeans sue the pap for breach of contract (agreement) and seek the Courts to order the pap govt to honour the original CPF agreement?

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GoldenDragon said:

No lawyer has the balls to do that.

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zhihau said:

vote the PAP out

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Thick Face Black Heart said:

Its a stupid distraction.

Look at it this way. I lock up your money for 10 years. You cannot invest it or use it to pay for property. In short you can't touch it and the government is free to use it. Then after 10 years I give you back 20%. That's bullshit. How much profit did that money that was locked up for 10 years generate for the government?

Imagine that you put your money in a fixed deposit and at the end of 10 years you get back 20%

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halsey02 said:

I work 30 years or to 65...that savings is mine, my hard earn, BLOOD SWEAT & TEARS MONEY...

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TracyTan866 said:

Yes and Yes and Yes

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halsey02 said:

We have trusted them too much, believed in them too much & this is what we get....50 years is too much already!!. They have complexly lost their touch....anything from now on...will be a disaster....a major financial disaster for all of us....if we do not wake up & take action now.

Normally...I am very passive about this...but the future is very, very FRIGHTENING with "mee siam mai hum" at the helm...

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halsey02 said:

We have trusted them too much, believed in them too much & this is what we get....50 years is too much already!!. They have complexly lost their touch....anything from now on...will be a disaster....a major financial disaster for all of us....if we do not wake up & take action now.

Normally...I am very passive about this...but the future is very, very FRIGHTENING with "mee siam mai hum" at the helm...

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