they bother to because they pay themselves unusually high salaries (made possible by the acquiescence of the public); without it and to say they can go Swiss Alpine Villa to enjoy life really sucks
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Nil Benefits In Dependent Protection DPS
- Thread starter makapaaa
- Start date
they bother to because they pay themselves unusually high salaries (made possible by the acquiescence of the public); without it and to say they can go Swiss Alpine Villa to enjoy life really sucks
Buy your own term insurance la..... fuck all these gov schemes,,,
If you Sinkie fucked the present gov and vote them out, you'll find that you might even have medical benefits unthinkable of when the PAP was running the place!
First Sinkie like you, must find where he has placed his BALLS and then..
Re-attach them for good!
Then talk. LOL
Precedence (not precedent) seems more elegant!
C'mon lah. U chose to migrate not cos of sinkies. U know u cant make it in Sinkieland.
The DPS can be a good scheme, but it ends at 60 when we have been paying up for a number of years.
Becos it is an opt out scheme, again many are duped into paying for something we dont understand. I admit Im one of those idiots. My HDB has been fully paid years back, so in theory i dont need to subscribe to DPS. ( I believe it is to cover outstanding debts owing to the HDB). I only got some time free in my mid 50s and I decided to cancel since it will lapse when I reach 60.
So like the old man say, who go in with our eyes open, but then in opt out schemes, there is a tendency to overlook such matters. The rules surrounding our lives are made so complicated by the PAP, from buying a house to buying a car, and it gets even more complex with each new tweak
Becos it is an opt out scheme, again many are duped into paying for something we dont understand. I admit Im one of those idiots. My HDB has been fully paid years back, so in theory i dont need to subscribe to DPS. ( I believe it is to cover outstanding debts owing to the HDB). I only got some time free in my mid 50s and I decided to cancel since it will lapse when I reach 60.
So like the old man say, who go in with our eyes open, but then in opt out schemes, there is a tendency to overlook such matters. The rules surrounding our lives are made so complicated by the PAP, from buying a house to buying a car, and it gets even more complex with each new tweak
DPS is only useful if you have old parents and you're young...................once your parents pass away liao, you can cancel the DPS..............unless you have young kids lah...............
the DPS like a lottery......................the game ends when you're 60.................see win or lose lor...............if win money, you gotta lose your life..........
the DPS like a lottery......................the game ends when you're 60.................see win or lose lor...............if win money, you gotta lose your life..........
Sorry hor. Paiseh. Used to it. Ok. Will try my best to write full words for u.
My pt is this. How could the children take care of their parents when they themselves are struggling???? In the West, the parents have to fend for themselves after the children leave them when they turn 18. So Y should it be different here? What takes precedence is another thing but why can't the govt give some small allowances to old folks for them to get by instead of having them pick up cdboards and tin cans in their twilight years. The amount need not be large but something simple enough for their basic daily needs. I'm sure that's not too much to ask especially when they have toiled all their lives for what Singapore is today.
Those who are better off and better educated do not get that impression either. That is why I mentioned the Hawker who serves a valuable function to society and yes they might be good at arithmetics but not what the clauses in a contract actually mean.
The mistake that Singaporeans made is that they were led to believe that CPF was a retirement fund. It is not.
Instead of telling Singaporeans the bad news in the last 15 years about insufficient funds to pay for retirements, medical care etc, They should have begun the program long time ago.
The mistake that Singaporeans made is that they were led to believe that CPF was a retirement fund. It is not.
Instead of telling Singaporeans the bad news in the last 15 years about insufficient funds to pay for retirements, medical care etc, They should have begun the program long time ago.
Many do not read what they sign up for, the reason is many are just too trusting when it comes to the PAP government & their policies & all the related, connected & affiliated companies. I have asked INCOME on the 60 years old expiry of the DPS, & should the insurer, at least give a small token to the insured after paying for the premiums all the years when DPS expires at 60; "they will bring this up to management". This is a low cost policy, I think it started at $32 or $34 a year, there is an opt out & many, just do not bother to READ & they just blindly trust the PAP. Only when something of a matter of life & death, like the article mentioned here, then, they start to grumble & complain & curse & swear.
They should have not been too trusting & read everything they sign & do not understand get people to explain; they lesser educated streetwise fellows are better at this, they do not just sign, they ask!.
They should ask, whom did they voted for & whom did they trust, they should blame themselves!!
They should have not been too trusting & read everything they sign & do not understand get people to explain; they lesser educated streetwise fellows are better at this, they do not just sign, they ask!.
They should ask, whom did they voted for & whom did they trust, they should blame themselves!!
You cunning cunt, don't pretend to speak up for the ordinary man, when the truth is that any talk of the elite and their lifestyle gives you an orgasm lah, idiot.
I have actually ask my income agent about the DPS, & now this article, in which I am not surprised. An average person starting work till 60, would have paid around 30 years of premiums which may not be much but, the Insurer should at least give to the insured a small token sum in either cash or vouches for the number of years paying for the DPS. That was when I asked...I got the reply was " we will bring this up to management"..
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