would we still be getting back our cpf savings?

[leetahbar]

look at the graph below. what the gov fails to do is to raise our minimum wage. what they are very good in doing is to raise alot of irrelevant anticipation and implant more fears, anxieties, apprehension and a sense of dejection.

we pay million$ to these guys to make us feel sick, sicker and sickerest.

WHEN ARE WE GOING TO STOP BEING SILENT??

CPF Minimum Sum to be raised to $139,000
Those turning 55 from July to next June must leave $139k in accounts
Published on May 31, 2012

Central Provident Fund (CPF) members turning 55 between July 1 this year and June 30 next year will have to leave at least $139,000 in their accounts for monthly payouts in their later years.

This is $8,000 more than last year's Minimum Sum of $131,000.

The Minimum Sum Scheme was introduced to help ensure that CPF members, who can withdraw their CPF savings at 55, will have enough to meet their basic retirement after they turn 65.

So CPF members have to leave some money in their accounts beyond the age of 55. In 2003, the Goverment set this Minimum Sum at $120,000 and aimed to reach it in 10 years.

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_805300.html

More Good Years for you, my dearest voters!