FAP Traitors Try to Control Your CPF $ Even After You Die!

[makapaaa]

[h=2]Make sure you use the right CPF nomination form[/h]

May 8th, 2014 |

Author: Contributions

​

Pay your CPF to your nominees’
CPF? ​

We just discovered that you can now choose to pay your CPF to your nominees’
CPF on your demise, instead of as the normal cash to your nominees.

• Thanks to a posting on facebook.

It is called the Enhanced Nomination
Scheme (ENS) that has been available since 1
January 2011.

Media ever report?

Was this ever reported in the media?

Under the ENS, there are 2 options for you to choose.

Pay to Special/Retirement Accounts first?

You can choose to credit your CPF on your death to your nominees’s Special
and Retirement Accounts first (up to the prevailing Minimum Sum – currently
$148,000), followed by the excess to your nominees’ Medisave Account up to the
prevailing Medisave Contribution Ceiling (currently $43,500).

Or pay to Medisave Account first?

The other option is to credit your nominees’ Medisave Account first, followed
by the excess to the Special and Retirement Accounts.

Restrictions on the use of CPF?

One should note that the Special Account cannot be used for anything. In
other words – your nominees may arguably only get to use it if they have met the
prevailing Minimum Sum (currently $148,000) and Medisave Required Amount
(currently $40,500) at age 55, or as part of their monthly CPF Life annuity
pay-out from age 65.

As to the Medisave Account – it can only be used to pay for approved medical
insurance, ElderShield premiums and approved medical expenses.

So, do you really want to put all these restrictions on how your nominees can
use your CPF when you die?

Only retirement and healthcare needs matter?

As I understand that the primary objective of the ENS, is to
enable CPF members to provide for their nominees’ retirement and healthcare
needs – why is the Ordinary Account excluded from the scheme.

Are we perhaps saying that nominees’ housing, education, dependents’
protection scheme premiums, home (mortgage) protection scheme premiums, etc, are
not important at all?

Why not let the CPF member decide, instead of restricting it to the Special/
Retirement and Medisave Accounts only?

Make sure you use the right form and understand the
implications?

So, make sure you don’t use the wrong CPF nomination
form!

SY Lee and Leong Sze Hian

 

[tanwahtiu]

PAP creating another fake case to justify not paying to the family.

PAP have had created a few fake cases m&d spending CPZF money money in Batam to justify not paying your CPF money@55 back in 1990 period?

Do we need a revolt this time?

We have high caliber armoured ex-soldiers like Papsmearers and the lot to handle armoury and bet many other vocation ex-soldiers can handle the rest if PAP decided to start a military coup against the people.

Civilian NSF conscripted solider are to protect civilians not a ruling party, agree?

Guess this was what nation building is about, the untold story and hard truth.

[h=2]Make sure you use the right CPF nomination form[/h]

May 8th, 2014 |

Author: Contributions

​

Pay your CPF to your nominees’
CPF? ​

We just discovered that you can now choose to pay your CPF to your nominees’
CPF on your demise, instead of as the normal cash to your nominees.

• Thanks to a posting on facebook.

It is called the Enhanced Nomination
Scheme (ENS) that has been available since 1
January 2011.

Media ever report?

Was this ever reported in the media?

Under the ENS, there are 2 options for you to choose.

Pay to Special/Retirement Accounts first?

You can choose to credit your CPF on your death to your nominees’s Special
and Retirement Accounts first (up to the prevailing Minimum Sum – currently
$148,000), followed by the excess to your nominees’ Medisave Account up to the
prevailing Medisave Contribution Ceiling (currently $43,500).

Or pay to Medisave Account first?

The other option is to credit your nominees’ Medisave Account first, followed
by the excess to the Special and Retirement Accounts.

Restrictions on the use of CPF?

One should note that the Special Account cannot be used for anything. In
other words – your nominees may arguably only get to use it if they have met the
prevailing Minimum Sum (currently $148,000) and Medisave Required Amount
(currently $40,500) at age 55, or as part of their monthly CPF Life annuity
pay-out from age 65.

As to the Medisave Account – it can only be used to pay for approved medical
insurance, ElderShield premiums and approved medical expenses.

So, do you really want to put all these restrictions on how your nominees can
use your CPF when you die?

Only retirement and healthcare needs matter?

As I understand that the primary objective of the ENS, is to
enable CPF members to provide for their nominees’ retirement and healthcare
needs – why is the Ordinary Account excluded from the scheme.

Are we perhaps saying that nominees’ housing, education, dependents’
protection scheme premiums, home (mortgage) protection scheme premiums, etc, are
not important at all?

Why not let the CPF member decide, instead of restricting it to the Special/
Retirement and Medisave Accounts only?

Make sure you use the right form and understand the
implications?

So, make sure you don’t use the wrong CPF nomination
form!

SY Lee and Leong Sze Hian

 

[virus]

ok, you have permission to lead them.

 

[escher]

ok, you have permission to lead them.

Lead the PAP and their fucking collaborators and running dogs into this


Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.

BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.

Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.

Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.