Normally, unless varied by an order of court – divorcing couples typically have to sever their ownership of their HDB flat.
Read More »Tag Archives: CPF
IF GOING TO KENA SUE, CAN ALSO PUT EVERYTHING IN CPF
With reference to my article “WHEN IN DEBT, JUST PUT EVERYTHING IN CPF” (allsingaporestuff, Sep 18) – my friends remarked that they liked the title of the article very much.
Read More »CPF ASKING RETIREES TO ACCEPT PAYOUTS FROM AGE 70?
After I wrote “CPF: “No action is required if you wish to start your payouts at age 70”?” (Sep 7) – one of my schoolmates from Raffles Institution called me to ask about a similar letter which his wife has just received – saying that she would receive $910 monthly from age 64, for 24 years – but that she would have to opt for it at cpf.gov.sg (no specific link address).
Read More »CPF TRANSFER MONEY TO RETIREMENT ACCOUNT @ AGE 55, NOW S’POREAN WILL LOSE HDB FLAT
I defaulted on my bank loan for HDB flat cause CPF stopped paying when I turned 55 years. I normally pay 725 in monthly installments but when I defaulted, DBS charging me late fees of about $ 1000 monthly . My default amount was about $4,000. I have since paid more than $11 000 but according to DBS , I am still in arrears.
Read More »GOVT SCHEME NOT DOING ENOUGH FOR ELDERLY, WHY ARE THEY STILL DOING LABORIOUS WORK?
Activist Gilbert Goh raised problems with the Silver Support Scheme and thinks the Government is not doing enough to help the elderly in Singapore. Why are they still made to work to earn a living? Shouldn't they already be taking a back seat and enjoying themselves?
Read More »S’POREANS NEED 29 YEARS TO DOUBLE THEIR CPF OA ACCOUNT, ONE OF THE LOWEST RATES IN THE WORLD?
With the interest rate of the CPF Ordinary Account having remained at just 2.5 per cent since 1999 – using the same calculation (rule of 72) in the remarks of the subject news report – it would take about 29 years (72 divided by 2.5) for your CPF OA money to double.
Read More »STRUGGLING FOODSHOP OWNER CANNOT RENEW HER LICENSE UNLESS TOP UP $4000 IN MEDISAVE
A netizen has shared a disappointing experience he and his family had with the Central Provident Fund (CPF) and business regulatory authority ACRA over his mother's foodshop business and her Medisave contributions.
Read More »NEW ZEALAND TAXES S’POREAN PR IN NZ 100% ON THEIR MONTHLY CPF COLLECTIONS
We ask the Chief Executive of the Ministry of Social Justice Brendan Boyle to stop deducting money from the New Zealand superannuation payments of Singaporean permanent residents.
Read More »FINANCIAL AND IT LAPSES FOUND IN AG AUDIT, GOVT AGENCIES TOLD TO CLEAN UP ACT
These all reads like serious allegations of malpractice by the agencies involved. If the government went all out to rap WP for their handling of AHPTC accounts, then they should go all out to punish and shame those responsible for these lapses. But will they?
Read More »DON’T BE FOOLED BY RETURNS ON CPF, CITIZENS ARE THE ONES BEARING FINANCIAL RISK
The GIC’s performance is not much worse than other sovereign wealth funds.
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