0.5% to Medisave account,n another 0.5% to Special account,no contribution to Ordinary account,whereby ppl can still use it to buy houses.
Which means,our salaries are further lock into the CPF board.
Some ppl wonder why Netizens like to screw LHL?Now this is the reason.
I believe even before he become a PM,as a ministers,he n his "gangs" have come out with many wicked ideas to scam his countrymen n women money,or sabotage his ppl.
But in the past,he was hiding behind the "curtain" n shoot arrows,under his father protection.And none of the "sheep" ministers can do anything about him.
Now he become PM,then he knows its not easy.But still,he wont change his "mean n petty" behaviour.
I have worked with some "prince" before,who father is rich n pampet their sons.I can tell u guys,many(not all) have the same characteristic,...mean,petty,suspicious,lack of self confidence n yet arrogant,calculative...u name it,all the bad qualities u can find in a bad person.
extra 1% means a maximum of $50 contribution per month based on CPF income ceiling of $5,000.
Hahahaha......it's a way to show that they are helping the citizens while not causing too much financial strain to the investors. When lim swee say mentioned about raising the CPF contribution rate, did anyone think he would have said it without the go ahead of his master? Not toeing the party line would risk the wrath of his political master and of course, his ricebowl.
At the end of the day, this is one big wayang to show how tripartism "works".
At a time when HDB prices are rising like hell, the govt chooses to raise the rates of the SA and medisave.....that's puzzling.
When CPF money is locked in for life, what great use is extra $25 a month in the SA?
Wow 1% to medisave and SA, totally pointless.
Originally posted by Rock^Star:At a time when HDB prices are rising like hell, the govt chooses to raise the rates of the SA and medisave.....that's puzzling.
When CPF money is locked in for life, what great use is extra $25 a month in the SA?
Its for this purpose. =)
http://www.youtube.com/watch?v=ao-DGAw1Q2o
Originally posted by ditzy:Wow 1% to medisave and SA, totally pointless.
can use medisave if u go for surgery or see specialist.
Anyway, if I didnt remember wrongly,
In Early 2003 before SARS, Employer CPF was 20%?
Then reduced to 16% in late 2003 amid SARS, then reduced to 14.5% in 2009 recession.
Now its back to 15.5% by next year March, still 0.5% lower than in late 2003.
anyway, CPF is bullshit. Right hand transfer to left hand.
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Originally posted by Junyang700:Anyway, if I didnt remember wrongly,
In Early 2003 before SARS, Employer CPF was 20%?
how sad T___T
I seemed to get the trend that they are changing alot of policies on CPF - medisave in particular... seem to be trying ways to cope with aging population
CPF is just a scheme that the government use to cheat you of your 20% salary and cheat the company of your 14.5% now is 15.5% salary
some one mention that A country the fd pa is 8% per annum, go and figure it out yourself
Singapore Gov go eat shit and dung!!!!!!!!!!!!!!!!
Govt increase prices, Singaporeans make hell lot of noises,kpkb
Govt increase CPF, Singaporeans also make hell lot of noises, kpkb again.
Haiz....give you, just take lah, dun give you, you also quiet quiet and can do nothing.
Originally posted by Chester_Lim:CPF is just a scheme that the government use to cheat you of your 20% salary and cheat the company of your 14.5% now is 15.5% salary
This is not cheat lor...how can it be cheat, this is more worst than cheat...take your money legally is the not call cheat hor...it's call compulsory contribution ya.
I do not see the RESTORATION in the CPF as any relief. The money while are savings side aside for the people's healthcare and retirements before any withdrawals stays in the fund board as part of income generation for the garfmen. SO now just the news of restoration do not make anyone a hero to the people. mah bowow tan says people can handle housing loan expenses so what about the final percentage to ordinary account portion? when then restorae or no need to retosre that portion lah?
it appears tat they are trying to create a feel good atmosphere on the ground...maybe the election is coming really soon........
Originally posted by ahtansh:This government increase your CPF at 1% and they go around telling Sinkies they are doing it for CITIZENS. To save for your old age!!!
By giving 1% into your CPF, an account where you can’t really use. Can see but cannot touch. Limit by many rules.
They will increase 1% but also increase 1% on overall daily expenses. Are u happy with just the 1%?! Many of my friends say its at least better than nothing… but please remember after every election there will be an overall “PRICE” increase in everything.
pls don't use the term 'increase'. Increase is like they doing a favour to us. Restoration is the right term. Its rightfully ours, not anyone begging for any increase.
Originally posted by Straightstick:it appears tat they are trying to create a feel good atmosphere on the ground...maybe the election is coming really soon........
this action is status quo. i do not see it as a scorer for them. we need something more creative than this.
Originally posted by Straightstick:it appears tat they are trying to create a feel good atmosphere on the ground...maybe the election is coming really soon........
"good things" always appear and happen before election
when LKY said " we will get back our princple billions of money for these 2 IR in 5 years time", he did not said how?? actually, he means, increase COE, Housing, CPF, ERP, TCCS, CPI etc etc...get it?
Originally posted by CheckmateA1:
"good things" always appear and happen before election
this you call good things??? you must be blind
Originally posted by angel7030:
this you call good things??? you must be blind
u need..................a good man.............in life..................tolead u............. if u are blind.................i can be.............the one.....................will u let me.......be the special one????????????
Originally posted by iloveangel:
u need..................a good man.............in life..................tolead u............. if u are blind.................i can be.............the one.....................will u let me.......be the special one????????????
you must write you love money
then you had plently of fairy followed you
I not interested in one LJ in a CB avartar