CPF in good hands? Think again

[Voldermort]

Fact: Except for a handful of PAP elites, nobody knows where our CPF monies are invested.

The PAP government has repeatedly told Singaporeans a half truth: CPF is invested in special Singapore government bonds.

But if PAP had any intention of investing on behalf of ordinary Singaporeans to ensure retirement funding adequacy, CPF monies would have been invested in different classes of assets, eg equities, inflation indexed bonds, real estate, private equity, etc.

Instead, PAP simply legislated CPF monies as cheap loans to the government.

More at https://shrtcô.de/RyghtD

 

[mahjongking]

pap got sinkees by the balls,

even when you and wife try to drain your cpf to the maximum after 55, each cpl still have a total of about 400k stuck
majulah singapura. and FUCK PAP porlumpars n cocksuckers

 

[IamHandsome]

They are in good hands, very very good hands. Ain't you guys and gals happy each time you people see your CPF statements?

 

[millim6868]

See only cannot touch,wat the use if need

 

[syed putra]

Its a good move. Gahmen gets to use your money now, but you get them back, if you are lucky, decades later.