Malaysia to go bankrupt soon.

I hope all the sinkies who think Malaysia's retirement fund, the EPF, is still a better fund than our CPF. Singapore's balance sheet is a lot healthier.
 
I am still waiting for jiu hu kia Tonychat to protest against his UMNO Government!
 
I hope all the sinkies who think Malaysia's retirement fund, the EPF, is still a better fund than our CPF. Singapore's balance sheet is a lot healthier.

What makes you think that the Spore CPF system is better :confused:

The fact that the withdrawal age has been increased to 65 indicates that there are problems.
 
What makes you think that the Spore CPF system is better :confused:

The fact that the withdrawal age has been increased to 65 indicates that there are problems.

The withdrawal age was increased simply because sinkies are living longer, and most of it unhealthily. The CPF is a retirement fund, not a spend-it-all-at-55 fund.

If there are problems with CPF, CPF board would have reduced payouts or even stopped it, stop paying interest on CPF monies and may be even not be able to pay its employees their salaries. So far, none of that has happened. CPF money is safe.
 
Awaiting balls-less anal fucked jiu hoo kia , tonychat's 2 sen worth on this issue

 
The withdrawal age was increased simply because sinkies are living longer, and most of it unhealthily. The CPF is a retirement fund, not a spend-it-all-at-55 fund.

If there are problems with CPF, CPF board would have reduced payouts or even stopped it, stop paying interest on CPF monies and may be even not be able to pay its employees their salaries. So far, none of that has happened. CPF money is safe.

You've simply forgotten where CPF board got the money in the first place to pay it's employes their salaries.
CPF board can keep increasing their payouts and even interest rates but they also keep increasing your minimum sum and keep increasing your withdrawal age until 100.
By that time do you still have what it takes to smell your so called retirement fund?
 
I hope all the sinkies who think Malaysia's retirement fund, the EPF, is still a better fund than our CPF. Singapore's balance sheet is a lot healthier.

While you are so happy looking at your CPF statement everyday, the Malaysian already collected their EPF money in full. You are a moron.
 
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