CPF Scheme - Top 10 Pension System in the World

Baby1M

Well-Known Member
Re: CPF Scheme - Top 10 Pension System in the World

Pension = retire then can touch money. It's universal.
 
Re: CPF Scheme - Top 10 Pension System in the World

the problem is retire age can move one ... can cash out all at 55 - retired already?

Red_Bean_Bun;1040395 said:
Pension = retire then can touch money. It's universal.
 
Re: CPF Scheme - Top 10 Pension System in the World

Red_Bean_Bun;1040395 said:
Pension = retire then can touch money. It's universal.
CPF and Pension not the same leh. Isn't Pension equates to monthly payout while medical is FREE as in not from the 'same account'?
 
Re: CPF Scheme - Top 10 Pension System in the World

wt_know;1040398 said:
the problem is retire age can move one ... can cash out all at 55 - retired already?

unless new rules................declare retire with cert plus collect $$$?














cheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeers
 
Re: CPF Scheme - Top 10 Pension System in the World

payout different ..... they get a monthly after they deduct a bunch from your salary e.g US 401k. The employer also pay towards your 401k along the way. They retire 55-60 years old.

Singapore retire increase by x years every 10 years. Kids today would see their CPF when they 105 years old. Then fingers crossed if no one remembered, gahmen get to keep the CPF when they die. So in case the kid makes it to 105 ..... that's where the minimum sum comes in ...... double protection.
 
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Re: CPF Scheme - Top 10 Pension System in the World

Red_Bean_Bun;1040402 said:
payout different ..... they get a monthly after they deduct a bunch from your salary e.g US 401k. The employer also pay towards your 401k along the way. They retire 55-60 years old.

Singapore retire increase by x years every 10 years. Kids today would see their CPF when they 105 years old. Then fingers crossed if no one remembered, gahmen get to keep the CPF when they die. So in case the kid makes it to 105 ..... that's where the minimum sum comes in ...... double protection.
..........
View attachment 55800
 
Re: CPF Scheme - Top 10 Pension System in the World

The house always win.
 
Re: CPF Scheme - Top 10 Pension System in the World

i think so and can change rules along the way ... win liao lor ... as mark says

Baby1M;1040406 said:
The house always win.
 
Re: CPF Scheme - Top 10 Pension System in the World

CPF = confusing ponzi fallacy
 
Re: CPF Scheme - Top 10 Pension System in the World

Red_Bean_Bun;1040402 said:
payout different ..... they get a monthly after they deduct a bunch from your salary e.g US 401k. The employer also pay towards your 401k along the way. They retire 55-60 years old.

Singapore retire increase by x years every 10 years. Kids today would see their CPF when they 105 years old. Then fingers crossed if no one remembered, gahmen get to keep the CPF when they die. So in case the kid makes it to 105 ..... that's where the minimum sum comes in ...... double protection.

They make sure you die.
 
Re: CPF Scheme - Top 10 Pension System in the World

Not happy please join CPF board and not be Internet hero. Wobbles say someone say one heh heh.
 
Re: CPF Scheme - Top 10 Pension System in the World

not happy ... just write off cpf la ... cheeeeeeeeeeeeeeers ... lol

C3P0;1040553 said:
Not happy please join CPF board and not be Internet hero. Wobbles say someone say one heh heh.
 

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