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Assalamualaikum w.b.t.,
I did mention before the reason for retirement age raised from 55 to 60 years.... Positively it is about manipulating retirement fund mostly from private sector... Gomen money already in the pocket and now to tunnel hard earn saving from private sector worker to XXX pocket..
In return, depositor will be distribute around/less 6% profit from fund investment. But what was the inflation rate then? What can you buy with RM10 now? What will RM10 + 6% yearly growth until 60 years of age? How to consider goods price yearly rising crazyly and so called subsidy to be drawn back. And what do rakyat get from this gomen? Happy living style? After paying high income tax what do we really get? Free fair high class education? Free healthcare? Low crime index? Security in our jobs? or Whattt????
So far, what I saw "many-many" of us paying for nothing... "Many-many" of us need to send our child to private school, paying for high fees of medical treatment, fear with the crime happen everywhere & every second, lost of jobs and many more??? When we work, we feel we have money to buy... But in reality many of us trap in bankruptcy at young age due to unable to manage income and expenses that keep escalating crazily. Open your eyes and see around you? Where can you get low price house/property near your working place now? Then how much should you earn just to pay your house installment and house hold expenses? Then what should we do??? Ask for change??
The qualification age for a full withdrawal from the Employees Provident Fund (EPF) has been raised from 55 to 60 years to mirror the newly raised retirement age.
I did mention before the reason for retirement age raised from 55 to 60 years.... Positively it is about manipulating retirement fund mostly from private sector... Gomen money already in the pocket and now to tunnel hard earn saving from private sector worker to XXX pocket..
In return, depositor will be distribute around/less 6% profit from fund investment. But what was the inflation rate then? What can you buy with RM10 now? What will RM10 + 6% yearly growth until 60 years of age? How to consider goods price yearly rising crazyly and so called subsidy to be drawn back. And what do rakyat get from this gomen? Happy living style? After paying high income tax what do we really get? Free fair high class education? Free healthcare? Low crime index? Security in our jobs? or Whattt????
So far, what I saw "many-many" of us paying for nothing... "Many-many" of us need to send our child to private school, paying for high fees of medical treatment, fear with the crime happen everywhere & every second, lost of jobs and many more??? When we work, we feel we have money to buy... But in reality many of us trap in bankruptcy at young age due to unable to manage income and expenses that keep escalating crazily. Open your eyes and see around you? Where can you get low price house/property near your working place now? Then how much should you earn just to pay your house installment and house hold expenses? Then what should we do??? Ask for change??
The qualification age for a full withdrawal from the Employees Provident Fund (EPF) has been raised from 55 to 60 years to mirror the newly raised retirement age.
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