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Global Pension Index: Singapore CPF is not the best.

Discussion in 'The Courtyard Café' started by BuiKia, Oct 20, 2014.

  1. BuiKia

    BuiKia Alfrescian (InfP) Old Timer

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    Last edited: Oct 20, 2014
  2. Leongsam

    Leongsam Administrator Staff Member Old Timer Old Timer

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    That's an excellent result considering the fact that CPF was never intended to provide a pension in the first place.

    I would like to take this opportunity to thank the Hon Mr Lee Kuan Yew and his brilliant son Mr Lee Hsien Loong for creating such a fantastic scheme.
     
  3. halsey02

    halsey02 Alfrescian (Inf)

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    Psst!!..LSH did not create CPF...please DON'T BLUFF....CPF was started more than 50 years ago....before LEE KUAN YEW..pleaee don't bluff this again...we are not that stupid...

    quote "The 50s: Our Fate In Our Hands , When the Japanese Occupation ended in 1945, Singapore became a British colony again. Life was hard. People struggled to make ends meet. To ensure that workers could take care of themselves in their old age, the Central Provident Fund was set up as a compulsory savings scheme.unquote
    http://mycpf.cpf.gov.sg/CPF/About-Us/HistoryofCPF.htm
     
  4. sochi2014

    sochi2014 Alfrescian Old Timer

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    6% annualized returns can earn top 10 places?

    Must be a kaylong report..
     

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