Our reader was shocked to find that his CPF payout would be the same even if he defers it to 70 years old. If you think you will get more, you might be in for a surprise.
Read More »Tag Archives: Amount
S’PORE ATHLETICS DIDN’T HELP ME, WHY STILL NEED TO GIVE THEM MY SALARY?
Singapore marathoner Soh Rui Yong disclosed the amount spent by Singapore Athletics on sprinters and long distance runners. According to what he said, the SA didn't even contribute much, still dare to ask him to contribute his salary to them?
Read More »WHY DO I HAVE TO PAY EXTRA FOR DIABETES TREATMENT DESPITE USING MEDISAVE?
Our reader went for a diabetes checkup following PM Lee's rally only to find that he had to pay extra even though he wanted the hospital to charge it to his Medisave account. When asked for a reason, the hospital staff simply said "I don't know". What kind of service is this?
Read More »TAN KIN LIAN: CPF IS A MESS, EMPLOYEES DON’T EVEN KNOW HOW MUCH $ GOES INTO EACH ACC
The CPF is now in a mess. The employees are confused with the money that goes into their account - and don't understand how much goes into each sub-account. They leave it to CPF to sort out. They also don't know how much interest is earned on each account. It used to be 2.5% p.a. on the ordinary account and 4% for the other medisave and the special accounts. Now there is a complicated formula to calcuate the bonus. Anyway, the employees leave it to the CPF to sort out.
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