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 Working in Singapore V11, Serious Talk, No Chatting

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seantang
post Sep 11 2012, 10:43 PM

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QUOTE(catacomb @ Sep 11 2012, 09:19 PM)
Lol what's the point of giving up PR when you can only withdraw at 55 years old? It's the same as not giving up your PR. Legal withdrawing of CPF is 55 for both PR and Singaporeans smile.gif. If I can tahan till 55, I don't even need to withdraw already smile.gif. Just wait another 5 years till 60 can withdraw everything smile.gif
*
I'm not trying to convince you of anything.

I'm merely responding to your earlier statement below that "Malaysians from Peninsula can never withdraw their CPF unless they migrate and surrender their Malaysian citizenship and never return to Malaysia... Even you surrender your PR still same thing."

I'm just pointing out that it is incorrect.

And don't your two statements: "Just wait another 5 years till 60 can withdraw everything" and "Malaysians from Peninsula can never withdraw their CPF" completely contradict each other?

QUOTE(catacomb @ Sep 11 2012, 04:46 AM)
Malaysians from Peninsula can never withdraw their CPF. The rules govern will be the same as Singaporeans unless you migrate to somewhere and surrender your Malaysian citizenship and never return to Malaysia. Even you surrender your PR still same thing.


This post has been edited by seantang: Sep 11 2012, 10:49 PM
seantang
post Sep 12 2012, 12:11 AM

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QUOTE(catacomb @ Sep 11 2012, 11:13 PM)
By the way I think I did mentioned "The rules govern will be the same as Singaporeans unless you migrate to somewhere and surrender your Malaysian citizenship and never return to Malaysia"
But that is still entirely incorrect.

Upon giving up one's SG PR...

1. The limitation is only applicable to Malaysians residing permanently in West Malaysian (ie. West Malaysians). It doesn't not apply to East Malaysians. If you change your residency (albeit permanently) from West to East Malaysia, you can withdraw your CPF in full just like everybody else.

2. Even if you reside in West Malaysia, you can still withdraw when your 55, or even earlier at 50 if you have not worked in SG for 2 years below that (ie. you stop working in SG when you're 48... and not necessarily give up your PR at 48).

So, it's a matter of residency in West Malaysia, not citizenship of Malaysia.


3. And after giving up your PR, you will never be 'the same as Singaporeans' no matter what. The Minimum Sum and Medisave Minimum Sum will not apply to you. And my guess is that CPF Life will be compulsory instead of opt out by the time we retire, and that too will not apply to non PRs.
seantang
post Sep 12 2012, 01:04 PM

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QUOTE(catacomb @ Sep 12 2012, 01:15 AM)
For item 1, it's not possible. I have checked with the officer from CPF board before. Even you were to change your address permanently to Sabah or Sarawak, you still cannot withdraw because they base on birth cerificate and not IC. Anyway don't quote me on this as I was told by the officer. I have checked alll means about how to withdraw out my cpf. And in my earlier post I did mentioned Sabahans and Sarawakians are able to withdraw their CPF and return to Sabah or Sarawak. I didn't use the word going back permanently because they are still able to return to Singapore and contribute back to CPF etc. I shall not go there into details
Submit the form and you'll get a formal assessment. Don't ask the officer over the counter.

And your original statement didn't mention anything about residency. You specifically mentioned giving up Malaysian citizenship. THAT was the gist of my attempt to correct you.

QUOTE(catacomb)
Item 3, I can't comment and don't wish to comment. All I did mentioned was even I give up my PR I can't withdraw my cpf now and also mentioned West Malaysians withdrawing of CPF is the same as what governs Singaporean. Don't try to mix the 2 together
That was NOT "all" you mentioned. You had used a bunch of motherhood statements. I corrected that.

QUOTE(catacomb)
Also I believe you were the one who said West Malaysian can withdraw all their CPF in your  Post #2429 but now you are saying otherwise in item 3. So ain't you contridictinig about your own statement also?
I am not saying otherwise. Read the post again.

QUOTE(catacomb)
Let's face it, you can make corrections and I am all good but please don't get personal and trying to pick on me. The word entirely incorrect as far as I know means none of what I state is true. Anyway neither you nor me can give a complete detail explanation about withdrawing CPF
I'm not getting personal. I'm just being precise. The statement of yours that I quoted is entirely wrong.

And I'm not giving complete details. I'm merely correcting the motherhood statements that you made.

And the complete details are available on CPF's website, as well as the explanatory notes in the withdrawal application form.

This post has been edited by seantang: Sep 12 2012, 01:10 PM
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