Poor died penniless but with big sum of money in his CPF
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well beta, the minimum sum can be left behind not only to your children but your siblings and anyone you write in your will.
Why didn't you bring up this fact ? the money is still passed on to your family members and even friends if you bother to set up a will.
In the case of this deceased brother, we do not know the full story. What he has contracted, why he could not used his cpf and why he has a lot of cpf but didn't transfer it to medisave for his hospital bills. Why he didn't buy medishield to cover?
So from one single case, you people are going to banish the benefits of cpf ?
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Originally posted by Wiser:
Well, my Dad is a very senior PAP member.
The structure of Singapore politics is not by any way communism. Do not mis-use the terms to win in your arguement.
CPF works in the sense that it can be used to pay for the most important necessities for the citizens. It is still cash used by the citizens for their flats, medical bills, education and future investments.
What you people want is just money out to spend as you wish. Which many working adults are already doing with their salary and owing debts/credit cards or overspending on unnecessary stuff.
CPF is good. It stopped people from quandering away their hard earned money.
By denying people choices, aren't you propagating communism or dictatorship?
Not everybody squanders away everything, you should not apply afew cases on 100% of the population.
If you think everybody squanders or gambles away money.
Why did the PAP government approve of the Casinos?
You seriously think that they care about Singaporeans welfare?
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Originally posted by Wiser:
Well, my Dad is a very senior PAP member.
The structure of Singapore politics is not by any way communism. Do not mis-use the terms to win in your arguement.
CPF works in the sense that it can be used to pay for the most important necessities for the citizens. It is still cash used by the citizens for their flats, medical bills, education and future investments.
What you people want is just money out to spend as you wish. Which many working adults are already doing with their salary and owing debts/credit cards or overspending on unnecessary stuff.
CPF is good. It stopped people from quandering away their hard earned money.
It is a good idea when it started but now it is a bad idea. The government is not paying proper attentions to the need of the people.
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Originally posted by Wiser:
Well, my Dad is a very senior PAP member.
The structure of Singapore politics is not by any way communism. Do not mis-use the terms to win in your arguement.
CPF works in the sense that it can be used to pay for the most important necessities for the citizens. It is still cash used by the citizens for their flats, medical bills, education and future investments.
What you people want is just money out to spend as you wish. Which many working adults are already doing with their salary and owing debts/credit cards or overspending on unnecessary stuff.
CPF is good. It stopped people from quandering away their hard earned money.
Talk about flats and healthcare, both which have been highly inflated by the PAP government.
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Originally posted by Wiser:
Well, my Dad is a very senior PAP member.
The structure of Singapore politics is not by any way communism. Do not mis-use the terms to win in your arguement.
CPF works in the sense that it can be used to pay for the most important necessities for the citizens. It is still cash used by the citizens for their flats, medical bills, education and future investments.
What you people want is just money out to spend as you wish. Which many working adults are already doing with their salary and owing debts/credit cards or overspending on unnecessary stuff.
CPF is good. It stopped people from quandering away their hard earned money.
you should consider putting all your cash savings into your cpf account since you think so highly of the scheme. it'll stop you and your family from squandering away your hard-earned money.dont leave a single cent in the bank ok? you may on impulse squander it all away.
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Not many people need their CPF for terminal illness like this case. So how come you assume everyone needs their CPF in cash?
You are also assuming based on a few cases.
CPF locked up is still better than CPF squandered away.
Already with cash, people are not saving in the banks. You expect CPF taken out can last meh?
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Originally posted by Wiser:
well beta, the minimum sum can be left behind not only to your children but your siblings and anyone you write in your will.
Why didn't you bring up this fact ? the money is still passed on to your family members and even friends if you bother to set up a will.
In the case of this deceased brother, we do not know the full story. What he has contracted, why he could not used his cpf and why he has a lot of cpf but didn't transfer it to medisave for his hospital bills. Why he didn't buy medishield to cover?
So from one single case, you people are going to banish the benefits of cpf ?
Maybe I can meet a stranger on the street and nominate him as my CPF beneficiary.Medisave and Medishield doesn't cover you 100% for all your bills, there are alot of things they don't cover.
Haiz.......naivety......
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Originally posted by Wiser:
Not many people need their CPF for terminal illness like this case. So how come you assume everyone needs their CPF in cash?
You are also assuming based on a few cases.
CPF locked up is still better than CPF squandered away.
Already with cash, people are not saving in the banks. You expect CPF taken out can last meh?
Low pay, high living cost is already eating into everyone's bank account. My friend who married 1 or 2 years ago is currently digging into his savings to sustain his family needs. He has also recently bought a flat, his wife is not working, if he's out of a job, he would be in trouble.
But some people do save but can it beat inflation and CPF interest is also on the low side.
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Originally posted by Wiser:
Not many people need their CPF for terminal illness like this case. So how come you assume everyone needs their CPF in cash?
You are also assuming based on a few cases.
CPF locked up is still better than CPF squandered away.
Already with cash, people are not saving in the banks. You expect CPF taken out can last meh?
Terminal illness means going to die, keep so much money in CPF for?
This is like a no brainer.
I stand corrected, maybe you can do a nether world banking transfer.
CPF locked up is as good as no CPF. Perhaps you are those few people who can feel good looking at your CPF statement (but you can't use) and knowing that your HDB cost a 1/4 of a million (but you can't sell). I think you can derive pleasure from staring into Jade restaurant (Fullerton) and imagine yourself actually eating the Chinese delicacies.
CPF squandered is still money you own and squandered before your last days on earth.
The amount of money made for the lower wager earners in our population is insufficient to make ends meet and expect people to save money?
Those who can afford to save are those high wage earners.
Sighs......
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Originally posted by βÎτά:
Maybe I can meet a stranger on the street and nominate him as my CPF beneficiary.Medisave and Medishield doesn't cover you 100% for all your bills, there are alot of things they don't cover.
Haiz.......naivety......
Naive ?!!! you have used your medisave before ? i used two times. So who is naive?
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Originally posted by Wiser:
Not many people need their CPF for terminal illness like this case. So how come you assume everyone needs their CPF in cash?
You are also assuming based on a few cases.
CPF locked up is still better than CPF squandered away.
Already with cash, people are not saving in the banks. You expect CPF taken out can last meh?
i remember reading somewhere singaporeans are one of the world's best savers.
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Originally posted by βÎτά:
Terminal illness means going to die, keep so much money in CPF for?
This is like a no brainer.
I stand corrected, maybe you can do a nether world banking transfer.
CPF locked up is as good as no CPF.
CPF squandered is still money you own and squandered before your last days on earth.
The amount of money made for the lower wager earners in our population is insufficient to make ends meet and expect people to save money?
Those who can afford to save are those high wage earners.
Sighs......
cpf is locked up forever meh ? your family can see the cash after you die, why need a netherworld transfer.
just take it that the money is locked up in the bank. still got interest. If you must spend every cent in your bank, you take out your cpf also the same. all gone in a year.
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Originally posted by βÎτά:
Maybe I can meet a stranger on the street and nominate him as my CPF beneficiary.Medisave and Medishield doesn't cover you 100% for all your bills, there are alot of things they don't cover.
Haiz.......naivety......
he is not naive. he is arguing just for the sake of it.
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Originally posted by dragg:
he is not naive. he is arguing just for the sake of it.
Yah. I know.I am just killing time.
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Originally posted by dragg:
he is not naive. he is arguing just for the sake of it.
ahem... she is..
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Originally posted by Wiser:
Naive ?!!! you have used your medisave before ? i used two times. So who is naive?
Let me guess......you had two lobotomies?
You also paid $8 for each operation?
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compared to other countries, Singapore government really care more for its citizens liao.
Casinos is for the future of Singapore economy as a whole.
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Originally posted by βÎτά:
Let me guess......you had two lobotomies?
You also paid $8 for each operation?
let me guess, you don't have medisave and you never used it ?
then stop the guessing idiotic game.
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Originally posted by Wiser:
compared to other countries, Singapore government really care more for its citizens liao.
Casinos is for the future of Singapore economy as a whole.
Compared to 3rd world countries maybe, but when compared to industrialized democracies, it falls way far behind.
Maybe next time they will open up crack house and whore house for the future of the Singapore economy.
Next will be loan sharking.
Sighs..... no explanation of why is Casinos good, you are only saying that is good because PAP say it's good.
How can Singapore's economy be good if money supply is reduced and multiplier effect is reduced?
Let me guess you don't know economics and is merely a parrot repeating PAP propaganda. -
Originally posted by Wiser:
compared to other countries, Singapore government really care more for its citizens liao.
Casinos is for the future of Singapore economy as a whole.
you are amazing.
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Let's face it, you are not capable of independant thoughts.
The PAP government said that Casinos are good for the Singapore economy and you believe them with no skepticism.
Tomorrow the PAP government prints on the newspaper that whore houses are good for Singapore's future, you would repeat the same exact sentence without much fore thought too.
Sighs.....the failure of Singapore's education system in producing the next generation with independant thoughts and ideas.
Maybe it's the success of the PAP education in producing a nation of zombies and parrots.
It's easier to rule a nation of zombies than a nation of geniuses.
Why do you think Qin Shi Huang, Constantin and Mao Tse Tung burned all the books?
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CPF is like a glass of water locked up in an unbreakable glass in the desert.
You can look at it but you just can't drink it.
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Originally posted by βÎτά:
CPF is like a glass of water locked up in an unbreakable glass in the desert.
You can look at it but you just can't drink it.
the most ridiculous thing about cpf is you cant touch it when you need it. who cares about old age when you dont have money for today.
its easy for those policy makers coz they are all high income earners who doesnt need the money.
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actually, now with the implementation of CPF life, your family also won't be able to see 100% of your remaining cpf savings.
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Originally posted by dragg:
the most ridiculous thing about cpf is you cant touch it when you need it. who cares about old age when you dont have money for today.
its easy for those policy makers coz they are all high income earners who doesnt need the money.
who say can't touch leh ? i touched two times for hospital liao and one time for flat upgrading.Why you people never see the positive side of CPF ?