atans1

CPFLife: PAP govt cares for u, really they do

In CPF, Public Administration on 15/02/2019 at 1:20 pm

(Part of an occasional series meant to burst the blood vessels of cybernuts like pork-eating, alcohol drinking “bapak”, and tax-dodging grave-dancer “Oxygen”).

Kuala Lumpur EPF branch retirement advisory service (RAS) officer Nornisah Mohd Yusof said many subscribers ran out of their EPF savings within three or five years after retiring although the life span for Malaysians had increased to 75 years.

“More worrying are cases where retirees withdrew 70% of their savings and spent the money in less than 30 days,” she told Bernama.“

https://www.thestar.com.my/news/nation/2016/12/28/epf-some-retirees-spending-all-their-withdrawals-in-30-days/?fbclid=IwAR21pdbrTrQOaWlZbr5KkFr6KJBF1PyKDFwvV_xjlkUrnGn00Z4PPIxJ9Bs

 

 

  1. […] CPFLife: PAP govt cares for u, really they do (Thoughts of a Cynical Investor) […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: