15-06-2014, 06:18 PM
(15-06-2014, 06:06 PM)HitandRun Wrote:(15-06-2014, 10:29 AM)Zelphon Wrote: PAP will tell the old lady to sell her landed property and downgrade to
5 rm HDB, if not enough downgrade to 4rm, 3rm, 2rm, and finally
1rm ...
Handsome
So your point is that the Govt should help the old lady equally regardless whether she owns $5 million or $200k worth of property? Does your position change if instead of owning property, she has all that assets in the form of cash in bank or stocks instead?
P.S. Just to avoid any misunderstanding, I am not a Govt hater or supporter but I have voted opposition all this while.
Whether she has a million dollar or having multiple assets is irrelevant here...
She has money in CPF...
She is already 76 years old..
She cannot touch her money because CPF shifted the goal post...
So is she entitled to collect her own CPF money?