CPF return will be cut if PAP retains power

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winnipegjets

Alfrescian (Inf)

Asset

• Aug 25, 2015

• #1

China is in deep shit. GIC and Temasek have invested lots of our CPF and reserves in China.

Can PAP government afford to pay you 2.5 percent when their return is going to be reduced signifcantly?

 

butoh6050

Alfrescian

Loyal

• Aug 25, 2015

• #2

They will probably start to pay 0.2 percent and call that a bargain.

 

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winnipegjets

Alfrescian (Inf)

Asset

• Aug 25, 2015

• #3

butoh6050 said:

They will probably start to pay 0.2 percent and call that a bargain.

Click to expand...

Yes, because it comes with a PAP guarantee.

 

Leongsam

High Order Twit / Low SES subject

Admin

Asset

• Aug 25, 2015

• #4

winnipegjets said:

China is in deep shit. GIC and Temasek have invested lots of our CPF and reserves in China.

Can PAP government afford to pay you 2.5 percent when their return is going to be reduced signifcantly?

Click to expand...

All markets fluctuate. China is no exception. However, because Temasek is in the game for the long term and has huge reserves, it can capitalise on the downturns to grow even stronger.

Singaporeans have absolutely nothing to worry about. The team at the helm are experienced and knowledgeable.

 

tonychat

Alfrescian (InfP)

Generous Asset

• Aug 25, 2015

• #5

Then protest on the street lah...but sinkies got balls?

 

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johnny333

Alfrescian (Inf)

Asset

• Aug 25, 2015

• #6

what is the point of promising a 2.5% return when they refuse to give your own savings back