Originally posted by cubsarecute:
SO what're Singaporeans views on ageing population in
S'pore?
And what are your views on this pressing issue in S'pore?
Seems like no one except the government
has ever expressed his/her views
regarding the ageing population....
[b][/b]
1) CPF withdrawal age needs to be raised so that all of you poor
old people looking to retire with CPF funds are forced to work
longer
2) Annuities needed so that all you people, all without vision and
capability to save for retirement, can have a meagre sum of money
after 20 yrs of emptying your CPF account.
3) (1) and (2) combined means you die before your annuity is worth
it and thus
a) the government gets to hold on to more money if annuity is by
them
b) you are penalised for dying earlier than others. You will have
to die >90+ for your annuity to be worth compared to not buying
it