Singapore CPF
Singapore Uncle Just Got His CPF And Dancing In The MRTFeb 17, 2012
Singapore uncle just collected his CPF money and on his way to batam with his luggage..WHOOO OOO....
Singapore Citizen Spent 68% Of CPF Saving On HousingOct 16, 2011
A paper presented by an NUS social graduate Ng Kok Hoe at a Seminar on the Aged yesterday questioned if Singaporeans have sufficient CPF savings for their retirement, the Straits Times reported. Mr Ngs presentation revealed that a Singaporean would draw between 8 per cent and 26 per cent of his last drawn salary from the CPF at age 65. and that 68 per cent of annual CPF contribution is spent on housing, while health took up 18 per cent and pensions 14 per cent. Minister for Community Development, Youth and Sports Dr Vivian Balakrishnan who was at the seminar said there was no perfect balance to how CPF should be spent. He added that Singaporeans had by and large got it right so far without substantiating his claims. Singaporeans are allowed to use their savings in CPF ordinary account to pay for housing loans. More than 85 percent of Singaporeans live in HDB flats built by the government. Though the government claims they are heavily subsidized, the prices of HDB flats have sky-rocketed in recent years. As such, an increasing proportion of Singaporeans CPF monies are tied up with the housing loans leaving little for their retirement. With more and more Singaporeans entering retirement age, there are concerns that they may not have sufficient CPF monies for their retirement and end up being a burden to the state. Despite being the second richest country in Asia after Japan, Singaporeans enjoy few social welfare benefits from the nanny state which has constantly espoused ...
CPF - Can See, Cannot TouchJan 29, 2012
This short video examines the factors affecting CPF, making it inadequate to meet most Singaporeans' basic retirement needs.
Using CPF for Singapore Property & Loans Part 1Jan 17, 2012
How much Cash do you need for buying a property, whether HDB flat or private property in Singapore? If you want to use CPF to pay for your house or investment property, what are the factors to consider in order to plan your finances properly? All these and more are discussed by Dennis Ng on Channel 8 TV programme.
Using CPF for Singapore Property & Loans Part 2Sep 28, 2011
What are the factors to consider in using CPF for Singapore Property and Home Loans? If you have enough Cash and CPF to pay for a property without loans, why does it make sense for you to choose to take a Housing Loan or Home Loan instead? Why taking Housing Loan can help you reach your retirement goal earlier? All these and more are explained by Dennis Ng on Channel 8 TV Programme
CPF Connects - Greendale SecondaryNov 14, 2011
Video submission by Greendale Secondary School for competition organised by the Central Provident Fund & School of Business, Singapore Polytechnic. Actors ------- Mr Lim - Anton Santoso Secretary - Hannah Tamara Lee Elder Son - Le Hoang Hai Younger Son - Joseph Loo Dr Tan - Emelyne Sng Red Cross - Lim Zhi Yuan & Nur Alyani Hospital Receptionist - Rebecca Phillips
Parliament Speech - Low Thia Khiang on CPFFeb 17, 2012
Mr Low Thia Khiang, MP for Hougang, raised his view on CPF reform issue.
CPF : Money Got Enough?Dec 12, 2011
Video animation highlighting the key changes that will help Singaporeans work longer and save enough for retirement.
USS Blue Ridge Departs Singapore en route to Japan Following March 11 Earthquake and TsunamiOct 02, 2011
SINGAPORE (March 11, 2011) The US 7th Fleet command flagship USS Blue Ridge (LCC 19) departs Singapore following an on-load humanitarian assistance supplies. The ship is headed toward Japan to support possible earthquake and tsunami relief operations in Japan. (US Navy video/Released)
CPF Connects - My Future, My Retirement, My CPF (2008)Dec 21, 2009
"My Future, My Retirement, My CPF" A short video production by Maris Stella High School Media Club. Please support us at www.charliecompanyproduction.tk Thank you and enjoy!
WP Chairman Sylvia Lim Spoke On GRC & CPF IssuesJan 09, 2012
1st May 2011. Workers' Party chairman, Sylvia Lim spoke on GRC & CPF issues at Yishun stadium rally.
Employers' contributions to older workers' CPF to be raised: PM LeeFeb 09, 2012
Prime Minister Lee Hsien Loong said employers' contribution rates to the Central Provident Fund for older workers have to go up, but added that any increases will have to be gradual. First published Feb 8 2012. Copyright © 2012 MediaCorp Pte Ltd. All Rights Reserved.
Parliament Speech - Sylvia Lim on CPF - 1Oct 16, 2011
NCMP Sylvia Lim raised her view on CPF reform issue.
WP Chen Show Mao proposed to strengthen CPF model - 02May2011Oct 16, 2011
Workers' Party (WP) candidate Chen Show Mao suggested yesterday that the government should strengthen the Central Provident Fund (CPF) model and grow the people's money, as recommended by the World Bank. Mr. Chen, who was speaking at a rally for Moulmein-Kallang Group Representation Constituency (GRC), near Kallang Avenue, said that the government should look into a pension fund model. "Inflation is close to five percent. Does a 2.5 percent interest rate on CPF represent a good return?" he said. "After you use CPF for housing and other needs, will you have enough to retire when you reach 62 (years old)?" "We suggest Singapore follow international best practices recommended by the World Bank and study the feasibility of a pension fund model to enhance the returns on our CPF monies," said Mr. Chen. Meanwhile, Mr. Koh Choong Yong, WP's candidate for the Sengkang West single-member ward, repeated WP's call for the GRC system to be abolished, saying the PAP candidates are riding on the coattails of civil servants.
