Question on CPF Life

[Boliao]

Despite several letters to CPF, I've been unable to get a clear reply from them... does anyone here knows?

CPF Life is compulsory for anyone below 55. CPF says that once you're in CPF Life, you cannot withdraw your money as "it affects others who remain in the scheme"...

So if I want to migrate out of Singapore, can I withdraw my CPF? Will it be the full sum or a significantly reduced sum? If it is reduced due to CPF Life, what is the calculation??????

Fuck! Does it mean if I want to migrate, I must do so before CPF Life kicks in?

 

[mscitw]

This is a scam to fleece peasants.

The regime wants old peasants to help older peasants.

It transfer the risk to peasants by telling peasants to determine when think they will die. If you die before the cut off dead, the regime wins. If you live longer than you think, the regime wins but we know not many peasants can go beyond 72.

Suppose if you die early and want your kin to have some $$, you must accept lower payouts, meaning the regime will slice a chunk of your principal as their operating profit.

This is indeed a heartless regime.

It also passed a law such that peasants cannot sue the regime if the returns are not guaranteed!!! What a gall!

The 4K carrot comes with so many pre-conditions, only stupid peasants will believe the regime.

The regime once hookwinked a bunch of stupid civil lackeys to opt out of the pension and health care scheme and save a ton of $$$. It is simply repeating the same trick to trick stupid peasants!

Only in Peasantpore.

 

[Watchman]

[COLOR="_______"]
Try to put all your money in as many banks as possible . Give equilibrium to all banks .

Since the interest is crap anyway.

Take out all your CPF. Try not to stay HDB . Aim for private .

If possible study ways where u can bid for land and build your own landed home .[/COLOR]