CPF is my money, then why am I paying interest to someone who is earning interest on my money when I use my money to buy flat?
CPF = Children-Parent Fund. The govt won't take care of your young children, thus CPF. Because by the time you have earn enough to enjoy life, you will have half a foot in the coffin. Then when you reach the age to withdraw the money, you still have to draw it like a salary. That is you are still healthy to enjoy it.
Life is not getting better...
mahjong
CPF = Controlled personal fund.
u use them under the control of other people. only if they say u can use then u use. and there is a set of R&R to follow. the banker will have all the say.
Hershey
[color=green]^5 Agree Agree
Xavier
Confiscated Personal Fund...its there and we cannot use it
mahjong
bor bian..... u dare to sound out meh later kana fine.