Crimes of Ruler Loong -- Annuity Scam

[mscitw]

The Annunity Scam is most vile if you understand that Ruler Loong always steal your medisave once you meet Lord Yama. That is known as the Death Tax.

the Annunity Scam is worse than the Death Tax. It is designed to ensure 90% of the peasants lose their principal to fund other older peasants. It is known as 'old peasants help older peasants'.

Ruler Loong has discretionary powers to raise the cash out age.

In addition, Ruler Loong issued a decree empowering the Compelled Pension Fishtrap can default peasants' by withhold annunity payouts.....any time. And there is more!!! No peasants can sue the regime if the CPF decides to default on its annuity commitments!

It is another 'unequal contract' that peasants are forced to sign.

And you have por-lumpar peasants smiling, waving and cheering at Ruler Loong ??

Silly stupid local peasants.

 

[halsey02]

You forgot, the Eldershield, 'pau tan' , you pay premiums & can never fulfill the conditions to claim...when you are in that condition as stated, are you able to make a claim? ha ha ha ha...100% 'pau tan', wonder how many gullible people signed up?:p

 

[hsienloong]

The Annunity Scam is most vile if you understand that Ruler Loong always steal your medisave once you meet Lord Yama. That is known as the Death Tax.

the Annunity Scam is worse than the Death Tax. It is designed to ensure 90% of the peasants lose their principal to fund other older peasants. It is known as 'old peasants help older peasants'.

Ruler Loong has discretionary powers to raise the cash out age.

In addition, Ruler Loong issued a decree empowering the Compelled Pension Fishtrap can default peasants' by withhold annunity payouts.....any time. And there is more!!! No peasants can sue the regime if the CPF decides to default on its annuity commitments!

It is another 'unequal contract' that peasants are forced to sign.

And you have por-lumpar peasants smiling, waving and cheering at Ruler Loong ??

Silly stupid local peasants.

Ah... yes.. an article about my ingenious scheme.
Some typo error there .. shd be 99.9% instead on 90%
Managing "Money" is our forte leave nothing behind
for anybody.
Keep it up!
Up you 1.

 

[OverTheCounter]

The annuity scam is actually designed to create a profit for the pap regime no matter how the demographic turn out.

They control all the variables. They can change the payout and interest accumulated anytime in response to mortality rate and population size.

They can change any parameter to ensure a profit all the time for the govt coffers.

The Annunity Scam is most vile if you understand that Ruler Loong always steal your medisave once you meet Lord Yama. That is known as the Death Tax.

the Annunity Scam is worse than the Death Tax. It is designed to ensure 90% of the peasants lose their principal to fund other older peasants. It is known as 'old peasants help older peasants'.

Ruler Loong has discretionary powers to raise the cash out age.

In addition, Ruler Loong issued a decree empowering the Compelled Pension Fishtrap can default peasants' by withhold annunity payouts.....any time. And there is more!!! No peasants can sue the regime if the CPF decides to default on its annuity commitments!

It is another 'unequal contract' that peasants are forced to sign.

And you have por-lumpar peasants smiling, waving and cheering at Ruler Loong ??

Silly stupid local peasants.

 

[Equalisation]

The annuity scam is actually designed to create a profit for the pap regime no matter how the demographic turn out.

They control all the variables. They can change the payout and interest accumulated anytime in response to mortality rate and population size.

They can change any parameter to ensure a profit all the time for the govt coffers.

Tuan, Agree.

The most damning thing they did was to locked-up OUR hard earned Cpf money. Instead of giving us back at age 55, they differ to 65 and beyond !! To add to our woes to a higher level, one has to contend with the tweaking of medisave minimum sum, premiums for the eldershield etc etc.

This is ridiculous to say the least !! Good Grief !!

 

[hsienloong]

The annuity scam is actually designed to create a profit for the pap regime no matter how the demographic turn out.

They control all the variables. They can change the payout and interest accumulated anytime in response to mortality rate and population size.

They can change any parameter to ensure a profit all the time for the govt coffers.

Good foresight!
Luckily there is only 40% of you, the rest 60.1% still can't see.
Whahahaha hahah hahahahahaaaaaa.... arrgghhh... ahemmmmm
Just choke on some saliva.... ahemmmm hemmmm hemmm
Testing.. Tesing ...123 .. can you hear me....

 

[Narong Wongwan]

Good foresight!
Luckily there is only 40% of you, the rest 60.1% still can't see.
Whahahaha hahah hahahahahaaaaaa.... arrgghhh... ahemmmmm
Just choke on some saliva.... ahemmmm hemmmm hemmm
Testing.. Tesing ...123 .. can you hear me....

Well said ah loong! 39.9% can only kpkb....not happy go and seek out the 60.1% and hamtum those fucktards.....if not run road throw the pink ic and claim your cpf.

 

[chonburifc]

Actually, now I am doing some damage control by renting out my pigeonhole. Principal amount I write off liaoz. Just hope can recover some CPF for beer money and some pak tor expense.

 

[zhihau]

The Annunity Scam is most vile if you understand that Ruler Loong always steal your medisave once you meet Lord Yama. That is known as the Death Tax.

screw this compulsory annuity

 

[hsienloong]

Well said ah loong! 39.9% can only kpkb....not happy go and seek out the 60.1% and hamtum those fucktards.....if not run road throw the pink ic and claim your cpf.

Hantum hantum also no use.
60.1% already taken my kongdao chui.
Like "LOVE" portion.
Ever experience your 1st love b4?
That powerful!
They only see me and my MIW as angels.
Uncorruptible and pure.
Haha...hahahahahahahaha

My favourites (remind me of the 60.1%)
The power of love.
Huey Lewis and the News
Celine Dion
Jennifer Rush

 

[hsienloong]

Actually, now I am doing some damage control by renting out my pigeonhole. Principal amount I write off liaoz. Just hope can recover some CPF for beer money and some pak tor expense.

ah..ha.. got you!

Now I know you are renting out your pigeonhole. Btw.. you are talking about flat or you condo or Apt.
In Sinkapore all these consider pigeonholes... only my mansion and palace is suitable for humans.
Don't worry I will tarik the CPF further away... Your beer and charbor have to wait abit longer... like 75 years..
At the mean time can always pcc
Haha...hahahahahahahahaha.......

 

[chonburifc]

ah..ha.. got you!

Now I know you are renting out your pigeonhole. Btw.. you are talking about flat or you condo or Apt.
In Sinkapore all these consider pigeonholes... only my mansion and palace is suitable for humans.
Don't worry I will tarik the CPF further away... Your beer and charbor have to wait abit longer... like 75 years..
At the mean time can always pcc
Haha...hahahahahahahahaha.......

Don't worry. Just a 3 room pigeon hole. I write off liaoz but since can produce income for beer money and pak tor money. Why not?

Umm. Beer? Me usually drink whisky. Here's my favorite 285 with this screen on the back.

<a href="http://s1144.photobucket.com/albums/o497/chonburifc/?action=view&amp;current=B00A832E-8D62-4C90-A676-2A8C1D996D59-335-000000119989B964.jpg" target="_blank"><img src="http://i1144.photobucket.com/albums/o497/chonburifc/B00A832E-8D62-4C90-A676-2A8C1D996D59-335-000000119989B964.jpg" border="0" alt="Uploaded from the Photobucket iPhone App"></a>

 

[hsienloong]

Don't worry. Just a 3 room pigeon hole. I write off liaoz but since can produce income for beer money and pak tor money. Why not?

Umm. Beer? Me usually drink whisky. Here's my favorite 285 with this screen on the back.

<a href="http://s1144.photobucket.com/albums/o497/chonburifc/?action=view&amp;current=B00A832E-8D62-4C90-A676-2A8C1D996D59-335-000000119989B964.jpg" target="_blank"><img src="http://i1144.photobucket.com/albums/o497/chonburifc/B00A832E-8D62-4C90-A676-2A8C1D996D59-335-000000119989B964.jpg" border="0" alt="Uploaded from the Photobucket iPhone App"></a>

Oh.. saw something..
Is that your real name at the bottom right side of your screen.. I mean the other partial hidden display.

 

[mojito]

Do away with the vile Annuities! If the PAP likes FTs so much, they can jolly well tax their CPF balance to fund retirement needs of the elderly. I am sure none of the voters nor the high net worth individuals would be too concerned.

Plunder the FTs I say!

 

[hsienloong]

Do away with the vile Annuities! If the PAP likes FTs so much, they can jolly well tax their CPF balance to fund retirement needs of the elderly. I am sure none of the voters nor the high net worth individuals would be too concerned.

Plunder the FTs I say!

Not so soon I must say... that would scare them away...
I like to do it my way... just like how we used to woo, sweet talk, promise, beg you all to give us power.
It wasn't easy... have to be thick skinned.. but once we are in control... Haha... hahahahaha

Don't worry.. I working on these FTs, new source of supply. Fresh meat.
They much much more easier to milk than the locals.. mostly .. lao ni poh.. dried liao..
The trap has been set. Its only a matter of timing.
Haha hahahaahaha...hahahahah

 

[batman1]

The Conned People's Fund (CPF) withdrawal age is deferred from 55 to 65 and further (every year they just announce the increase and become law).
At 55,the required cpf minimum amount is $139,000.00 as at 1-7-2012(after adjustment for inflation)(every year they just announce the increase and become law).
At 55,the required medisave minimum amount has been set at $32,000.00 from 1-1-2012 (every year they just announce the increase and become law).
At 55,u can withdraw some cpf money if your cpf balance is in excess of the required minimum sum and the required medisave minimum sum.
The CPF Life is a scam to cheat the CPF members and is a cheap source of funds to GIC which lost billions in overseas speculations.If GIC got no money to pay the principal and interest to CPF when due,u think CPF got money to pay to CPF members when due ? So what they do ? Easy,just extend the withdrawal date form 55 to 65 to 70....................
KNNCCB to the PAP !!!

 

[laksaboy]

'Saving For Retirement' - highly misleading ad for CPF.

Had the CPF worked as advertised, there wouldn't be a need to impose an additional annuity on everyone.

 

[hsienloong]

The Conned People's Fund (CPF) withdrawal age is deferred from 55 to 65 and further (every year they just announce the increase and become law).
At 55,the required cpf minimum amount is $139,000.00 as at 1-7-2012(after adjustment for inflation)(every year they just announce the increase and become law).
At 55,the required medisave minimum amount has been set at $32,000.00 from 1-1-2012 (every year they just announce the increase and become law).
At 55,u can withdraw some cpf money if your cpf balance is in excess of the required minimum sum and the required medisave minimum sum.
The CPF Life is a scam to cheat the CPF members and is a cheap source of funds to GIC which lost billions in overseas speculations.If GIC got no money to pay the principal and interest to CPF when due,u think CPF got money to pay to CPF members when due ? So what they do ? Easy,just extend the withdrawal date form 55 to 65 to 70....................
KNNCCB to the PAP !!!

Yes.. you shd have voted me and my MIW out in GE2011.
But you didn't. haha hahahahahahahaha

 

[hsienloong]

'Saving For Retirement' - highly misleading ad for CPF.

Had the CPF worked as advertised, there wouldn't be a need to impose an additional annuity on everyone.

Well, well, well...
it stated as advertised. A fund with 3 keys.
You need to open 3 locks to access it.
I mean we the MIW are genius.
Too bad you all didn't noticed.
haha...hahahahahahahaaha

 

[CCBCaoPi]

Why don't they allow MSS to be used to purchase Annuity from Private Insurers instead?

Don't see why the MSS must be put into a common pool.