Baby1M
Well-Known Member
Many would say this
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and the ruling Elites could be in this state
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View attachment 55797
and the ruling Elites could be in this state
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Red_Bean_Bun;1040395 said:Pension = retire then can touch money. It's universal.
CPF and Pension not the same leh. Isn't Pension equates to monthly payout while medical is FREE as in not from the 'same account'?Red_Bean_Bun;1040395 said:Pension = retire then can touch money. It's universal.
wt_know;1040398 said:the problem is retire age can move one ... can cash out all at 55 - retired already?
..........Red_Bean_Bun;1040402 said:payout different ..... they get a monthly after they deduct a bunch from your salary e.g US 401k. The employer also pay towards your 401k along the way. They retire 55-60 years old.
Singapore retire increase by x years every 10 years. Kids today would see their CPF when they 105 years old. Then fingers crossed if no one remembered, gahmen get to keep the CPF when they die. So in case the kid makes it to 105 ..... that's where the minimum sum comes in ...... double protection.
Baby1M;1040406 said:The house always win.
Red_Bean_Bun;1040402 said:payout different ..... they get a monthly after they deduct a bunch from your salary e.g US 401k. The employer also pay towards your 401k along the way. They retire 55-60 years old.
Singapore retire increase by x years every 10 years. Kids today would see their CPF when they 105 years old. Then fingers crossed if no one remembered, gahmen get to keep the CPF when they die. So in case the kid makes it to 105 ..... that's where the minimum sum comes in ...... double protection.
XXX;1040510 said:They make sure you die.
C3P0;1040553 said:Not happy please join CPF board and not be Internet hero. Wobbles say someone say one heh heh.