CPF invested in foreign assets, investment losses affect CPF members’ withdrawal

 

Phillip Ang

* The author blogs at LikeDatOsoCanMeh.

 

 

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5 Responses to “CPF invested in foreign assets, investment losses affect CPF members’ withdrawal”

  • patriot of TUMASIK:

    Can the People and members of CPF take the Govt to International Court??? only those above 55…

    since THAT was the agreed age of TOTAL withdrawal set out by CPF inaugurated by The British Colonial rulers in 1955…

    any Legal Eagles to comment??? how about Lean & Ravi BUT not the LEEgal sparrows who will chirp and flit around the ceiling of the Court House never DARING to Leave it to Reach for the Skies

    And…the IDIOTS in the system??? aiyah!!! what is there to say when there is NOThing good to say

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  • LIONS:

    $400 billions just from CPF MONEY.
    What about the other $600 Billions from taxes,etc?

    Estimated $1TRILLION OF RESERVES?

    THIS IS NO LOO$E CHANGE EVEN BY FIRST WORLD BIG NATIONS’ STANDARDS?

    WHERE IS ACCOUNTABILITY,WHERE IS *OUR* MONEY?
    WHY KEEP TAXING US WHEN YOU AMYHOW *$QUANDER* ON F1,FT-$cholar$HIT,TOO BIG TO FAIL BANK$,MAUSOLEUM,ETC?

    If you WANNA TAX US MORE,ITS MEANS ,FIRSTLI,YOU NEED TO BE AUSTERE!
    YOU TELL SGS YOU CANNOT GRANT JOBLESS BENEFITS ETC BUT YOU CAN $QUANDER?

    ARE YOU EVEN ALLOCATING BUDGET$ WIS3LY?

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  • N.Jungne:

    Like buying of many buses, the building of unnecessary MRT Stations and many others. They were handed over to someone to managed, these are all our $$$.

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  • rukidding:

    don’t forget,….the un-necessary printing of NSman magazine in the Hundreds of Thousands of hard copies that were sent out to NS man and even an old NS soldier like me ????

    Ghee,…you wonder why our Mindef can afford to “waste such $$$$” ???

    “Somebody” must be “benefitting” …rite ????

    Didn’t we “went digital” already ???

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  • can we report CI to police?:

    N.Jungne:
    Like buying of many buses, the building of unnecessary MRT Stations and many others. They were handed over to someone to managed, these are all our $$$.

    and they have no shame paying their own buddies in mrt S$m per year even though everything in mrt belongs to 70% sheep and not to them to begin with.

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