What happen if 216,400 O'sea S'poreans take S$216.4 billion out from CPF Accounts?
#11
I think CPF will say u can collect but wait long long. Rolling on the flor laughing
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#12
Although lesser than S$ 1 mio, I could use my CPF account balance and my age as rough gauge.
So basing on general age of the others to come to S$ 1000000. A possible 10% 20% off
But then PMO figure is far understated.
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#13
1-10-2018 4:07 PM
Levin said:
OK, just checked.

CPF has 3.9m members.

Total CPF balance of the members are 376.6B SGD.

https://www.cpf.gov.sg/Members/AboutUs/a...statistics


Unlikely to have 216.4b held by the 216,400 overseas members.
one mil to one high earners.? possible.
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#14
1-10-2018 5:03 PM
Blin said:
one mil to one high earners.? possible.

Yes correct..esp those working overseas.
The 216,400 are actually reported to authority how abt those not reported (easily 50% more)?
Lets say 300,000 x S$700,000 = $210 bil too.
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#15
1-10-2018 5:03 PM
Blin said:
one mil to one high earners.? possible.

Dont think both GIC and Temasek too happy with that?
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#16
Officialy 3.9 mio have CPF S$376.7 billion
O,sea SG 300k have CPF S$210 billion
Balance 3.6 mio have CPF S$166.7 billion.

Lets say 3.6 mio mortgage S$180 billion owing.
Total CPF and assets $ 346.7 billion
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#17
1-10-2018 3:54 PM
sukhoi35 said:
What could happen if 216,400 O'sea S'poreans take S$216.4 billion out from their CPF Accounts?



CPF will collapse right away............PAP will also default on Govt bonds................Singdollar will crash and property prices will collapse..........
God Poked Mary In The Butt = Jesus (Immaculate Deception)
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#18
1-10-2018 5:51 PM
Napoleon BohLumPar said:
CPF will collapse right away............PAP will also default on Govt bonds................Singdollar will crash and property prices will collapse..........

OMG! No no no
We love Singapore.
So Singaporeans must be aware the Quiters are actually contributing substantially to Singaporeans well being and the countrys success.
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#19
1-10-2018 5:51 PM
Napoleon BohLumPar said:
CPF will collapse right away............PAP will also default on Govt bonds................Singdollar will crash and property prices will collapse..........

You are very noti boy, i will tell my teacher. timeout
I've had everything but still not able to feel truly happy.
Until i saw “ordinary” is the only answer to true happiness.
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#20
I hope you get caught by Singapore police on your next return for spreading fake news.


1-10-2018 3:54 PM
sukhoi35 said:
What could happen if 216,400 O'sea S'poreans take S$216.4 billion out from their CPF Accounts?
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