Lethalstrike Turbocharged May 30, 2012 Share May 30, 2012 question why cant the rider be paid by medisave? wont that lessen the worries of most citizen? For my plan with Prudential, the medical rider PruShield is deducted through MediSave annually. Additionally, i bought an additional PruShield Extra to take care of the miscellaneous charges when one is admitted to a hospital. But this one cannot be paid through Medisave. ↡ Advertisement Link to post Share on other sites More sharing options...
Porche 5th Gear May 30, 2012 Share May 30, 2012 before 55, better say bye bye to them to avoid voluntary buying of their stupid CPF life Link to post Share on other sites More sharing options...
Picanto 3rd Gear May 30, 2012 Share May 30, 2012 CPF, Medisave minimum sum to be increased Published on May 30, 2012 CPF members, who turn 55 between July 1 and June 30 next year will have to set aside a minimum sum of $139,000, up from $131,000 last year. -- ST PHOTO: CAROLINE CHIA CPF members, who turn 55 between July 1 and June 30 next year will have to set aside a minimum sum of $139,000, up from $131,000 last year. The amount was adjusted over the years to account for inflation, longer life expectancies and Singaporeans' rising expectations of their quality of life post-retirement. From July 1, the Medisave minimum sum (MMS) will also be raised to $38,500 from $36,000, a 7 per cent increase. Members will be able to withdraw their Medisave savings in excess of the amount at, or after, the age of 55. The maximum balance a member may have in his Medisave Account, known as the Medisave contribution ceiling (MCC), is set at $5,000 above the minimum sum, which means it would be increased correspondingly to $43,500, from $41,000 previously. why need to blame someone? Link to post Share on other sites More sharing options...
Ladykillerz 4th Gear May 30, 2012 Share May 30, 2012 the piggy bank is drying up; we need to top up. Link to post Share on other sites More sharing options...
Kiadaw 6th Gear May 30, 2012 Share May 30, 2012 I really pity the new generation have to work till 67 to take out half of their mimimum sum and OA max out by million dollar hdb Have a long way to go.... But at least it means I am not oldies Link to post Share on other sites More sharing options...
Labixiaoxin Clutched May 30, 2012 Share May 30, 2012 Singaporeans instead of getting long live now become short live after the new CPF ruling. Link to post Share on other sites More sharing options...
Alechi 2nd Gear May 30, 2012 Share May 30, 2012 Can 1 time withdrawal some more ! I want to be PR !!!! U quit being a Singaporean also can one time withdraw what? Why envy PRs? Link to post Share on other sites More sharing options...
Aimnfire 4th Gear May 30, 2012 Share May 30, 2012 For my plan with Prudential, the medical rider PruShield is deducted through MediSave annually. Additionally, i bought an additional PruShield Extra to take care of the miscellaneous charges when one is admitted to a hospital. But this one cannot be paid through Medisave. hey thanks as mine also cover by prudential need to call up my agent to find out more Link to post Share on other sites More sharing options...
Wt_know Supersonic May 30, 2012 Share May 30, 2012 (edited) anyway, i think minimum sum does not affect majority 1. low income earner (400,000 people) ... what min sum? 2. mid-to-high income earner who had booked their $0.5M BTO/DBSS/EC or 1/2 way serciving their existing hdb (cpf OA is almost kosong most of the time) 3. upgrader from hdb to $1M+- private condo the above 3 groups probably couldn't care less about minimum sum CPF members, who turn 55 between July 1 and June 30 next year will have to set aside a minimum sum of $139,000, up from $131,000 last year. Edited May 30, 2012 by Wt_know Link to post Share on other sites More sharing options...
Kelloggs 1st Gear May 30, 2012 Share May 30, 2012 Why do we have to accept this s--t Did anyone come out to explain clearly and transparently the rationale What is the elected President thoughts and opinion about this Has the Oppo MPs opposed to this or make it a talking point in parliament ? Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear May 30, 2012 Share May 30, 2012 CPF, Medisave minimum sum to be increased Published on May 30, 2012 CPF members, who turn 55 between July 1 and June 30 next year will have to set aside a minimum sum of $139,000, up from $131,000 last year. -- ST PHOTO: CAROLINE CHIA CPF members, who turn 55 between July 1 and June 30 next year will have to set aside a minimum sum of $139,000, up from $131,000 last year. The amount was adjusted over the years to account for inflation, longer life expectancies and Singaporeans' rising expectations of their quality of life post-retirement. From July 1, the Medisave minimum sum (MMS) will also be raised to $38,500 from $36,000, a 7 per cent increase. Members will be able to withdraw their Medisave savings in excess of the amount at, or after, the age of 55. The maximum balance a member may have in his Medisave Account, known as the Medisave contribution ceiling (MCC), is set at $5,000 above the minimum sum, which means it would be increased correspondingly to $43,500, from $41,000 previously. Another bailout for CPF = Confirmed Proven Failure? Link to post Share on other sites More sharing options...
Darthrevan Supercharged May 30, 2012 Share May 30, 2012 Why do we have to accept this s--t most sinkies voted in the PAP..so the rest have to accept it..its a democratic process and we have to accept it Has the Oppo MPs opposed to this or make it a talking point in parliament ? the opposition cannot opposed all these because their number in parliament is too few..the minimum they need is 33%..but 40% would be a safer bet Link to post Share on other sites More sharing options...
Tanahseng Clutched May 30, 2012 Share May 30, 2012 Let's praise the garment also If they don't saved for us, you think every working Singaporeans can afford a house? +1 Link to post Share on other sites More sharing options...
Ngck 3rd Gear May 30, 2012 Share May 30, 2012 Let's praise the garment also If they don't saved for us, you think every working Singaporeans can afford a house? +1 its because they "saved" for us, thats why HDB prices shoot up... you must be joking Link to post Share on other sites More sharing options...
Mllcg 3rd Gear May 30, 2012 Share May 30, 2012 medisave up for? i just remembered. cannot use 100% to pay off major hospital stay Link to post Share on other sites More sharing options...
AndrewLoh Neutral Newbie May 30, 2012 Share May 30, 2012 Hello. This is my 1st post. Link to post Share on other sites More sharing options...
Bird5011 3rd Gear May 31, 2012 Share May 31, 2012 CPF..is the biggest jokes!!! Conned Peoples Folly.. :angry: Link to post Share on other sites More sharing options...
Evillusion Supersonic May 31, 2012 Share May 31, 2012 Let's praise the garment also If they don't saved for us, you think every working Singaporeans can afford a house? +1 Thats the use of OA...and Medisave is a neccesity but what about SA? DO we need SA afterall? ↡ Advertisement Link to post Share on other sites More sharing options...
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