Learn from the Nordic countries lah ...they got it right. The government ensures that the people's major expenses in life are covered - daycare, education, healthcare, unemployment insurance and pension. In return, you pay high taxes. It is like your insurance premium. After that, you can live worry free. That's why the Danes are the happiest people in the world.
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Singapore has the lowest pensions spending (0%) in the world?
- Thread starter makapaaa
- Start date
Learn from the Nordic countries lah ...they got it right. The government ensures that the people's major expenses in life are covered - daycare, education, healthcare, unemployment insurance and pension. In return, you pay high taxes. It is like your insurance premium. After that, you can live worry free. That's why the Danes are the happiest people in the world.
So CPF is best? Better and cheaper healthcare than NHS? Returns better than hundreds of pension funds in the US? Stop bullshitting me otherwise you might believe in your own bs.
If you care to examine how it is better, you might find it is worse in every way.
How can the CPF be better than pension?
Look at the Canadian Pension Plan ...pays out about $12k a year and indexed to inflation. For that amount, you contribute 2.5 percent and employer contributes likewise for earnings up to $51k. That is a good deal compared to the CPF where you contribute more and see your savings eaten up by inflation.
So, please show us how is the CPF better than pension.
Sorry hor ...your forum is not populated by stupid sinkees that will accept your statement as fact.
CPF is a rip-off scheme. Only sinkees allow themselves to be robbed by the government. Where in the world are people forced to put money in a savings account that produce negative real returns??????
well lets think about it,u are in a country,do u want to elect policies to benefit the majority or do u want to elect policies that fucks the majority to benefit the few?bumi policy is straightforward,malaysia is a malay majority country of course they want to implement policies to benefit the majority and not the fucking stinky chinks.only daft and stupid sinkies dont understand that,do they know who the policies in singapore are benefiting?do they know who meritocracy is benefiting?do they know who democracy is benefiting?
and mind u the smelly chinks in malaysia arent doing that bad either,even with the bumi putra policy......the average household income of the cina is 50% higher than the average household income of malays,cina is only 30% of the population in mudland,but they own nearly 60% of the wealth in malaysia.....stinky chinks have everything yet they are still not fucking satisfied,just like the fucking PAP.the chinks will even fuck their own countrymen and their own kind so they can own everything and make a slightly bigger profit.
I didn't receive negative real returns from my CPF savings. I actually made a lot of money in less than a decade. It's up to each and every individual to manage their CPF savings to their advantage.
Tonychat, understand. You support the bumiputra policy. Yes is good for Malaysia. UMNO is the wisest.
The Malays are the best. The Cinas are greedy and selfish babis in Malaysia.
Noted with thanks.
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not all cina are babis,only the PAP cina and the balless cina.
Tonychat, there are PAP supporters in Malaysia? You mean the DAP supporters. They are greedy and ball-less chinks?
Ok noted that you think Bumi policy is good, UMNO is correct and DAP supporters are greedyu ball-less chink.
Good UMNO Dog Tonychat. I feel so sad for your family back home in matland.
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