Is PAP only gahmen in world mke buying annuity compulsory?
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I am just curious to know is PAP the only gahmen in the whole world to make buying annuity compulsory for the citizens.
Smart alec lee hsien loong said he is not making spore a welfare state so I guess making citizens pay for annuity will allow PAP to continue to draw super high world class pay without any worry about taking care of the old. Well, we taxpayers are paying for their pension, and they make us pay for our own "pension".
I believe there are better ways than to force people to buy annuity. Afterall, it is our life we are living and PAP should not step in to make decision for us that we have to buy annuity unless PAP pay for the annuity. PAP does not want people of Singapore to be a burden to them, however I think PAP is a burden to many of the people in Singapore.
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Erm... I guess that yes, we are the only one in the world that are forced. While... I believe that australia are taking care of those who are prolonged unemployed and the old without having them buy anything.
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Originally posted by caleb_chiang:
Erm... I guess that yes, we are the only one in the world that are forced. While... I believe that australia are taking care of those who are prolonged unemployed and the old without having them buy anything.
Australia is different as the govt is into providing welfare for the people. It is stated clearly by the beloved son of the long life old man lee kuan yew that he is not making Singapore a welfare state (he said this for a number of times already). We have to take care of the gahmen PAP in Singapore, PAP enjoys more benefits than the people of Singapore who feed them.
PAP can suggest and get NTUC come out with the annuity and encourage people to buy but NOT force us to buy solely to serve their purpose so that we will not be a burden to them when we grow old. If they don't make buying annuity compulsory, people will not get so pissed off by them. If they are paying part of the annuity, I believe people will not be so sore, too. To me, PAP making it compulsory for citizens to buy annuity is just like a robber forcing into my throat to tell me to give my money to him.
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... I already pointed out that other countries, have a GOVERNMENT... we DO NOT...
.. we have Businessmen who called themselves "government"...
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Originally posted by HyperFocal:
... I already pointed out that other countries, have a GOVERNMENT... we DO NOT...
.. we have Businessmen who called themselves "government"...
What a good and great saying! Businessmen, ha ha, dishonest, greedy, unethical businessmen. But businessmen don't force people to buy annuity leh. Businessmen are not so kaypoh like PAP to want to run our life.
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Originally posted by qlqq9:
What a good and great saying! Businessmen, ha ha, dishonest, greedy, unethical businessmen. But businessmen don't force people to buy annuity leh. Businessmen are not so kaypoh like PAP to want to run our life.
... you think "they" don't MAKE anything forcing people into Annuities???
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Originally posted by HyperFocal:
... you think "they" don't MAKE anything forcing people into Annuities???Definitely, they make part of the $ by forcing people to buy annuity if not they will not be so keen to get us to buy. They will not do anything for free as old man lee ever said there is no such thing as free lunch in this world. Just waiting for the downfall of PAP.
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Must find a way to get rid of this PAP regime and their ridiculous propaganda media.
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Originally posted by qlqq9:
Definitely, they make part of the $ by forcing people to buy annuity if not they will not be so keen to get us to buy. They will not do anything for free as old man lee ever said there is no such thing as free lunch in this world. Just waiting for the downfall of PAP.
... you know, it is funny that they say that there are no Free Lunches, when in fact, they are getting all their Free Lunches from us - the very people they Taxed, refused welfare, & does not trust us to keep our own hard earned money...... don't they STINK to Kingdom Come?
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Originally posted by Poh Ah Pak:
Must find a way to get rid of this PAP regime and their ridiculous propaganda media.
People voting them out is the ultimate solution. Please continue to educate people about the ways of the PAP, expose them to as many people as possible. I am hoping the foreign media will continue to watch their ways and publish more and more articles to let the world see how evil this regime is.
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Originally posted by qlqq9:
People voting them out is the ultimate solution. Please continue to educate people about the ways of the PAP, expose them to as many people as possible. I am hoping the foreign media will continue to watch their ways and publish more and more articles to let the world see how evil this regime is.
... I don't think educating people is necessary.... by their implementations of such rediculously selfish policies and scams, people are learning fast.... -
Originally posted by HyperFocal:
... you know, it is funny that they say that there are no Free Lunches, when in fact, they are getting all their Free Lunches from us - the very people they Taxed, refused welfare, & does not trust us to keep our own hard earned money...... don't they STINK to Kingdom Come?
Most of the time what they say don't apply to them but to us the poor oppressed people of Singapore. They are living in the first world whereas we are not for we have to slog so hard to make ends meet and to feed them the scumbags.
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... voting them out however, may be tricky and hard to do, as the entire Election System is totally RIGGED...
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Originally posted by HyperFocal:
... voting them out however, may be tricky and hard to do, as the entire Election System is totally RIGGED...
Oh yes, I nearly forget that even the election dept is under the PM's office. Isn't this indirectly corruption? Even if old man dies what he started will continue, so how long will it take us to get rid of them?
Have you any idea if there is any country govt in the world that make the election dept be under the control of the ruling party?
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Originally posted by qlqq9:
Oh yes, I nearly forget that even the election dept is under the PM's office. Isn't this indirectly corruption? Even if old man dies what he started will continue, so how long will it take us to get rid of them?
Have you any idea if there is any country govt in the world that make the election dept be under the control of the ruling party?
... look at Myanmar... look at Thailand...... anyways, whatever and come what may, trust me - NOTHING/NOBODY can last forever....
... Kings and Empires they do rise and do too, fall...
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The PAP government everything use force.Remember what senile old man Lee Kuan Yew said in the past?He said he learn from the British and Japanese the way of ruling Singapore,they use force,thats why Lou Lee now is using the same tactics.
But,he didnt realise that the British and Japanese will fall also becoz of their dictatorial tactics.Thats why,Lee Empire will also fall in future after Lou Lee death.
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PAP should try to sell a little known security called the Inflation-Protected Annuity or IPA...
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Originally posted by googoomuck:
PAP should try to sell a little known security called the Inflation-Protected Annuity or IPA...
Well, you have just suggested money making for PAP. PAP have earned enough from the people, think it is really high time they give it back to the people.
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Originally posted by qlqq9:
Well, you have just suggested money making for PAP. PAP have earned enough from the people, think it is really high time they give it back to the people.
I am only joking. I don't think that PAP will find IPA feasible...I suspect there's not enough funds for the payout.
Baby boomers about to retire must be aware of financial scams by financial advisers or agents so as not to become victims of fraud.
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... I still say that the bottomline is; they are finding themselves Hard Put to cough up the money to pay back to the citizens.... that's why all these BullCrap Dealy Policies & so call "solutions" to "Aging Population"....
... they are the authors to the great book of "1001 Lame Excuses"...
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Originally posted by HyperFocal:
... I still say that the bottomline is; they are finding themselves Hard Put to cough up the money to pay back to the citizens.... that's why all these BullCrap Dealy Policies & so call "solutions" to "Aging Population"....
... they are the authors to the great book of "1001 Lame Excuses"...
If that is true, then it really sounds like a dishonest business man trying to cover up his ass. If they are going to use the ordinary account in CPF for the annuity, I bet many will curse and swear at them, especially those who has not much $ in the ordinary account because of the housing loan. STrange, some of my friends told me their medisave account in CPF has much more money than the ordinary account.
The whole annuity thing is just crap. It is just a way to con the money of the people of Singapore. Believe no government in the whole will be this scheming as PAP to do such unscrupulous thing.