• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

PAP Continues To Increase Minimum Sum despite negative inflation

G

gingerlyn

Alfrescian (Inf)
Asset
Dear brothers and sisters

PAP loves you so much and continue to increase your minimum sum despite negative inflation.

http://news.asiaone.com/news/singapore/consumer-prices-here-down-3rd-straight-month

Many citizens tell Lim Swee Say that they feel so happy and rich whenever they read their monthly CPF statement.

If citizens feel hungry, they dont have to eat, they just look at their CPF statement that immediately they feel happy and forget about their hunger and sorrow
 
D

dodgeball

Alfrescian
Loyal
gingerlyn said:
Dear brothers and sisters

PAP loves you so much and continue to increase your minimum sum despite negative inflation.

http://news.asiaone.com/news/singapore/consumer-prices-here-down-3rd-straight-month

Many citizens tell Lim Swee Say that they feel so happy and rich whenever they read their monthly CPF statement.

If citizens feel hungry, they dont have to eat, they just look at their CPF statement that immediately they feel happy and forget about their hunger and sorrow
Click to expand...

Lol. Actually when i look at my CPF, i do feel secured...got more pros than cons...
 
Leongsam

Leongsam

High Order Twit / Low SES subject
Admin
Asset
dodgeball said:
Lol. Actually when i look at my CPF, i do feel secured...got more pros than cons...
Click to expand...

I feel rich when I look at my CPF statement. Last year I earned almost $30,000 in interest alone. It's a great scheme and I will be forever grateful to the PAP for making me feel safe and secure.
 
D

dodgeball

Alfrescian
Loyal
Leongsam said:
I feel rich when I look at my CPF statement. Last year I earned almost $30,000 in interest alone. It's a great scheme and I will be forever grateful to the PAP for making me feel safe and secure.
Click to expand...

How you managed to attain $30K in interest?
 
Leongsam

Leongsam

High Order Twit / Low SES subject
Admin
Asset
dodgeball said:
How you managed to attain $30K in interest?
Click to expand...

I really don't know but that's what the statement said.

$20,382.19 + $101.28 + $1,305.54 + $5,566.44 = $27,355.45.

The NZ pension scheme would pay only NZD290 per week x 52 weeks = NZD15,080 despite having paid far more in taxes.
 

Attachments

  • img034-1.png
    img034-1.png
    58.1 KB · Views: 519
BuiKia

BuiKia

Alfrescian (InfP)
Generous Asset
CPF is great for people who are lousy in investment as the payout is decent.
 
Leongsam

Leongsam

High Order Twit / Low SES subject
Admin
Asset
BuiKia said:
CPF is great for people who are lousy in investment as the payout is decent.
Click to expand...

95% of the population are lousy investors and those who are good investors don't depend on their CPF funds for retirement.

This means that the CPF helps almost everyone and hinders none.
 
tonychat

tonychat

Alfrescian (InfP)
Generous Asset
Another thread about sinkies ass painful.. How sinkies? Just kpkb here? Losers!!!!!
 
BuiKia

BuiKia

Alfrescian (InfP)
Generous Asset
Leongsam said:
95% of the population are lousy investors and those who are good investors don't depend on their CPF funds for retirement.

This means that the CPF helps almost everyone and hinders none.
Click to expand...

Ask your friends who are investors and most will say they lost money. Especially those who played in Sinkie market.
 
eErotica69

eErotica69

Alfrescian (InfP)
Generous Asset
tonychat said:
Another thread about sinkies ass painful.. How sinkies? Just kpkb here? Losers!!!!!
Click to expand...


Spot on jiu hu kia. They are all losers like your parents in jiu hu while you are a winner.

Now walk the talk and protest outside Parliament, what are you waiting for? Malaysia Day?
 
LEGEND

LEGEND

Alfrescian (Inf)
Asset
Leongsam said:
I feel rich when I look at my CPF statement. Last year I earned almost $30,000 in interest alone. It's a great scheme and I will be forever grateful to the PAP for making me feel safe and secure.
Click to expand...

Fucking Chee Bye Leong still got CPF account in Sinkieland?
 
Leongsam

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Manager said:
Brilliant scheme.. increase in minimum sum equates to higher payout
All you sinkies should thank the PAP. :smile:
How i wish i can put some money into a CPF account :p
Click to expand...

Did you see how much interest I earned! It's fantastic. If I lived in some stupid Western country, there would be no way I'd get so much from their pension schemes.
 
Manager

Manager

Don't mess with me
Generous Asset
i always knew you are a smart guy. Mr leong :wink:

Leongsam said:
Did you see how much interest I earned! It's fantastic. If I lived in some stupid Western country, there would be no way I'd get so much from their pension schemes.
Click to expand...
 
LEGEND

LEGEND

Alfrescian (Inf)
Asset
Leongsam said:
Did you see how much interest I earned! It's fantastic. If I lived in some stupid Western country, there would be no way I'd get so much from their pension schemes.
Click to expand...

You Lanjiao lah! :oIo: Last time you said you got all your CPF monies within days after surrendering your citizenship. Now you show us the amount of interest you getting. Fuck you understand? :oIo:
 
Leongsam

Leongsam

High Order Twit / Low SES subject
Admin
Asset
LEGEND said:
You Lanjiao lah! :oIo: Last time you said you got all your CPF monies within days after surrendering your citizenship. Now you show us the amount of interest you getting. Fuck you understand? :oIo:
Click to expand...

I did not say I withdrew ALL. I said I had no problems withdrawing my CPF funds when I turned 55. Since I have so much money thanks to the PAP, I only withdrew what I needed and left the rest in the safe hands of Ho Ching and her capable team.
 
virus

virus

Alfrescian
Loyal
Leongsam said:
95% of the population are lousy investors and those who are good investors don't depend on their CPF funds for retirement.

This means that the CPF helps almost everyone and hinders none.
Click to expand...

that because singapore gahment does not know how to manage the bourse and it is the worst performing one in the world even the aussie refused to come under their pilgrimage
 
You must log in or register to reply here.

Similar threads

P
Chitchat Jiakliaobee Old Fart Sinkies Complaining about Rising Costs of Living, Really Karma LOL!
2 3
Replies
43
Views
3K
k1976
k1976
SBFNews
Singapore winning on inflation, losing on growth
2
Replies
23
Views
2K
k1976
k1976
W
Real median income in Singapore falls only 2.3% in 2023 on high inflation
Replies
2
Views
563
bobby
bobby
JohnTan
Serious It's Nearly Official! Family Of Four Don't Earn $6693 Per Month In Singapore, They Gone Fuck For Sure!
2
Replies
32
Views
3K
bushtucker
bushtucker
P
Serious Many Loser Old Farts Need work to Survive after retirement, can find low SES jobs!
2
Replies
25
Views
2K
myfoot123
M
Top