CPF

• margarita

  27 Dec 05, 15:48

  Will we get our CPF $ when we retire if the government go broke? Or maybe corruption like NKF ..
• Linkage

  27 Dec 05, 17:25

  good question
• Medicated Oil

  27 Dec 05, 17:32

  It depends on which event take place first:
  
  You retired before the Government is Broke or
  
  The Government is Broke before you retired.
  
  You will not be paid the full amount of your CPF as you will be paid in instalments just like your allowance from your parents.
  
  If everyone withdraw their CPF now, the government would be Broke.
• ShutterBug

  27 Dec 05, 17:48

  Our government will NEVER go broke.
  
  So long as we are always, more or less, broke.
• InnoHippo

  28 Dec 05, 13:06

  Originally posted by margarita:

  Will we get our CPF $ when we retire if the government go broke? Or maybe corruption like NKF ..

  dont worry ........ the retirement age will be adjusted such that we can never withdraw our CPF before we die
• dragg

  28 Dec 05, 13:10

  we will all die first before they go broke.
  
  
• Homebody

  28 Dec 05, 17:13

  Originally posted by margarita:

  Will we get our CPF $ when we retire if the government go broke? Or maybe corruption like NKF ..

  Gahmen going broke is obscure.
  
  Gahmen will not have corruption like NKF does. Gahmen alter policies such that it's legitimate that you WON'T get all of your CPF.
  
  That way, you complain also no use. It's not corruption. It's the changes in policy.
  
  How clever of the gahmen!