Night Owl Chatterboxes - Part XL!
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Okay, what's their rationale behind choosing that magic number?Originally posted by av98m:KNNBCCB, how many of us are going to live past 85, or even want to!!!
CB!! CCB!!
Our fucking PM think everyone can live as long as his old man issit
Last I heard, even Japan doesn't have that kind of average life expectancy. -
i know those.. not my cuppa...
and.. Jung is hilarious about acceptance.. one does not accept some things.. and to maintain our own humanity and the dignity of the human race, there are some things which must be condemned...
he has never seen such atrocity, and yet dares to speak like that, shows how arrogant he was
Originally posted by Celtic Knot:oops..thanks bear..
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the MIW main deity..Originally posted by fudgester:Okay, what's their rationale behind choosing that magic number?
Last I heard, even Japan doesn't have that kind of average life expectancy. -
their real rationale must be that most of us are NOT going to live that long so that can keep our moneyOriginally posted by fudgester:Okay, what's their rationale behind choosing that magic number?
Last I heard, even Japan doesn't have that kind of average life expectancy. -
http://www.sgforums.com/?action=thread_display&thread_id=274054Originally posted by Wanda:Eh...has sbst mentioned this yet?
THe gabramen wants us to buy annuity with part of our cpf...which will only start paying us at age 85!
If we don't live past 85, then sorry lah, the money stays in the pool to pay other people lor.
At least this is what I've been hearing over the news....twice! I still thot I heard wrongly....i hope. -
we need to be 85 before we see anything from this annuity thing..
i was reading a comic... about a sniper being hired by annuity companies to pick off their clients...Originally posted by Ferret: -
It is just so wrong....I'm reminded of those Marcos regime....Originally posted by av98m:Those CB motherfuckers have got it covered!! Most of us will die before 85!!
We're fucked....in every way...and there's more to come.
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i think Lau Lee and Marcos were great friends...
birds of a feather, you know?Originally posted by Wanda:It is just so wrong....I'm reminded of those Marcos regime....
We're fucked....in every way...and there's more to come. -
I was just cursing the PM and the PAP for the raising of retirement age and CPF withdrawal age and did not notice this shit as I was distracted by the Xedo shit.
I think I just did myself in though, because I was cursing them in the office and management walked in. They looked shocked by the names I was calling our PM -
Originally posted by the Bear:we need to be 85 before we see anything from this annuity thing..
i was reading a comic... about a sniper being hired by annuity companies to pick off their clients... -
Seriously, what's their excuse now?Originally posted by av98m:their real rationale must be that most of us are NOT going to live that long so that can keep our money
Or have they truly given up on trying to come up with excuses? -
Originally posted by Wanda:It is just so wrong....I'm reminded of those Marcos regime....
We're fucked....in every way...and there's more to come. -
I dunno. I just found out about this myselfOriginally posted by fudgester:Seriously, what's their excuse now?
Or have they truly given up on trying to come up with excuses? -
they all know what i think about lau lee, lau lee's son and his husband...
even the secret agents (you know who i am talking about) there know...Originally posted by av98m:I was just cursing the PM and the PAP for the raising of retirement age and CPF withdrawal age and did not notice this shit as I was distracted by the Xedo shit.
I think I just did myself in though, because I was cursing them in the office and management walked in. They looked shocked by the names I was calling our PM -
I'm logging off....good nite...
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like the GST, they don't even bother with believable lies anymoreOriginally posted by fudgester:Seriously, what's their excuse now?
Or have they truly given up on trying to come up with excuses? -
wonder if they can pull out any statistic on "how manY" die before 65 ...cannot get to smell their $...
and how many get to live till 85 and too old to count..no more fingerprints, cannot sign signature and ultimately...withdraw the $ to burn with them.. -
Said Mr Lim: "If you have a full minimum sum in CPF, when you withdraw the CPF, CPF will pay you $700 over a month. But it's for 20 years. At the end of 20 years, you'll have nothing to withdraw.
"If you buy an annuity, the insurance company will pay you less - $500 a month. But the insurance company will have to pay you for as long as you live. And if you live to 100 (years old), they'll have to continue paying you till you're 100. Therefore it's a lesser monthly sum but you're insured a little longer.
"We may have to make it compulsory for everyone, but I think for now, we should explain to people what annuities are and how people can benefit, to get people to understand it."
Cheebye lah, how many of us are going to live to 85, much less a HUNDRED!!!! -
An example of this annuity is that the CPF member pays a basic premium of X dollars which goes into a pool.
Once i thought since i earned my money, I should decide how i wanna spend it...
That money will be paid out from age 85 - for life.
But if the member doesn't live till 85 years old, the money will then be used to support others in the pool, who are still alive. -
i was telling the people around my office.. the asswipes want people to come to singapore?
if they keep going on with $(*# like this, people will be surrendering their red passport for any other passport.. just to get at their OWN money...
strangely, they had a blank look in their face -
yeah, I know.Originally posted by the Bear:they all know what i think about lau lee, lau lee's son and his husband...
even the secret agents (you know who i am talking about) there know...
The best part is I didn't stop when they walked in. I was so pissed I just ranted on about divine retribution on the Lees and the PAP -
this is typical MIW brilliance ....
they wanted to solve a social problem, but didn't want to spend any of their own money (*ahem ! ... the people's money) .....
so ... they got the people to help themselves ....
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you didn't stop?
i initiated the conversation with the secret agents
i'm still here...Originally posted by av98m:yeah, I know.
The best part is I didn't stop when they walked in. I was so pissed I just ranted on about divine retribution on the Lees and the PAP -
i'll help myself one of these days...
see which other country is willing to take in an old decrepit bearOriginally posted by Fatum:this is typical MIW brilliance ....
they wanted to solve a social problem, but didn't want to spend any of their own money (*ahem ! ... the people's money) .....
so ... they got the people to help themselves .... -
I'm not even gonna bother trying to hammer this one out in the Speaker's Corner forum.Originally posted by the Bear:like the GST, they don't even bother with believable lies anymore
Last time I tried to talk some sense in the GST issue, I received personal attacks.