CPF return will be cut if PAP retains power

[winnipegjets]

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]

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

 

[winnipegjets]

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

Yes, because it comes with a PAP guarantee.

 

[Leongsam]

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?

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]

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

 

[johnny333]

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