... 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.