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Author Topic: CPF withdrawal age up to 65  (Read 28881 times)
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ultramanz

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« Reply #4 on: June 21, 2007, 01:31:23 AM »

chitchat  Ha..ha..ha... agree...."must take care of yourself, the govt can only do so much" - the govt slogan!   What to do? - The RICH can take care of themselves, the govt assist the poor, very poor..... the "ai see beh see" group got to struggle through the Rat-Race lah...

nah.. the slogan should be "must take care of yourself, the govt will ONLY take care of the rich cos they pay more taxes"...  smoking

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Snapper

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« Reply #5 on: June 21, 2007, 02:09:55 AM »

well, they wanna use our CPF monies for investments to get greater returns, so they wanna raise the age to 65yrs old.  cos they realised that singapore is an ageing country, so if they stick to 62yrs old, then many of us will be withdrawing our money and thus they will have lesser CPF monies to do their investment.  that's y, till todate, nobody knows how much monies CPF holding on to now. Undecided
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Stacy

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« Reply #6 on: June 21, 2007, 02:26:50 AM »

the thing is we better live past 65 otherwise u wont even enjoy ur retirement fund!
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Stallion

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« Reply #7 on: June 21, 2007, 02:38:27 AM »

http://www.channelnewsasia.com/stories/singaporelocalnews/view/283525/1/.html
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