Chitchat Guess the figure: Amount due to CPF members.

[kryonlight]

S$324,216,800,000

https://data.gov.sg/group/finance

 

[frenchbriefs]

wow sinkies so rich.....assuming 2.5m sinkies have cpf accounts....thats 129k per sinkie....

u know theres probably more than enough money in cpf to turn it into a pension fund......at 324b,assuming a interest rate or rate of return of 4 percent a year and assuming 800,000 retirees,each retiree would be able to get 16k a year or roughly 1.3k a month pension plus whatever extras or carrots the government is willing to toss in.instead of a useless CPF system where 50 percent of sinkies barely have nothing for retirement.

sigh......i would be more willing to serve ns if my citizenship entitled me to a pension check safety net when im old,instead i get a big fat nothing,this country benefits the elites and discriminates the poor,what a fucking useless piece of shit country,someone send me to australia pls.

 

[Bigfuck]

wow sinkies so rich.....assuming 2.5m sinkies have cpf accounts....thats 129k per sinkie....

u know theres probably more than enough money in cpf to turn it into a pension fund......at 324b,assuming a interest rate or rate of return of 4 percent a year and assuming 800,000 retirees,each retiree would be able to get 16k a year or roughly 1.3k a month pension plus whatever extras or carrots the government is willing to toss in.instead of a useless CPF system where 50 percent of sinkies barely have nothing for retirement.

sigh......i would be more willing to serve ns if my citizenship entitled me to a pension check safety net when im old,instead i get a big fat nothing,this country benefits the elites and discriminates the poor,what a fucking useless piece of shit country,someone send me to australia pls.

Nope. There are 3.7 million members 87.6K

 

[shittypore]

Give next 5 yrs, many Sinkies will cash out their total CPF when other countries accept em as new citizens.Frens who just got to US and Oz under the Parents scheme cant wait to cash out their CPF. Why stay here and rot, while PAP cronies enjoy all the benefits.

 

[Lizzert]

S$324,216,800,000

https://data.gov.sg/group/finance

Might as well guess how long it ll take to cum from masturbation..both are Not real..

 

[mojito]

It is a gross figure not nett. You can be sure sinkies owe just as much money to CPF through housing. And besides, hyperinflation is always a good and permanent solution for government to write off large domestic debts in local currency.

 

[OrLanChowHorFun]

how much GIC and Temasek lost all these DECADES.................CPF is just an empty shell................a forced participation ponzi game............

 

[kkbutterfly]

Might as well guess how long it ll take to cum from masturbation..both are Not real..

the law might change anytime.
like...if opting for entire cash out, it will pay u back in 20 equal installments, each 1 year apart.