
Red alert! Achtung! Singaporeans approaching 65
Responding to this Why CPF annuity will begin at 75 fat cat investor and ex-medical doctor “abc” said that In case you didn’t know, the DEFAULT CPF Life payout age is now 70. This is in the event you don’t get back to CPF before your 65th birthday. I think this policy started (silently) in 2017. I asked a financial...

How PAP abused the CPF scheme, rewarded themselves with humongous salaries
The minute PAP allowed CPF to be used for property was the moment that PAP destroyed the future capability of CPF to be adequate for retirement. If PAP hadn’t abused CPF usage, it would have prevented the sky high inflation in property prices & hence the sky high costs of living today. 4-rm flats will only cost 2X-3X...

Did MOF Press Secretary lie about our failed CPF scheme?
In “Plain speech also about telling the hard truth“, MOF Press Secretary Lim Yuin Chien claimed that one of the “hard truths” about Singapore is our “Central Provident Fund scheme is adequate for most Singaporeans“. However, Lim did not provide any statistics and if senior civil servants like Lim did not bury his head...
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