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CPF not entirely our money because Government pays us interest: PAP Supporter

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The above is a status update that we came across written by a PAP supporter. It reads:

"CPF Money does not entirely belong to us because the interest earned is from the government. In addition, the employer's contribution is from our employer, and not from us. 

Of course, these all eventually become managed by us to purchase property, medical expenses, investment, childrens' education, just to name some examples."

It keeps getting more farcical: the responses by PAP supporters in their desperate attempts to justify a flawed scheme that sees half of its Singaporean members unable to save enough to retire.

A PAP supporter now claims that the CPF money is not entirely ours because part of it accrues from the interests paid to us by the Government.

Somebody, quick write to this PAP supporter's bank to tell them that they are free to sequester his money since the bank pays him interest.

 

The Alternative View

*Article first appeared on https://www.facebook.com/photo.php?fbid=720540261340642&set=a.5980976869...

 

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