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Thursday, December 22, 2011

EPF in Trouble

EPF IN BIG TROUBLE
SEE FOR YOURSELVES
AND LET ALL EPF CONTRIBUTORS KNOW.


Will you get back your EPF money?

·         One of the largest funds in the world – RM 440.52 billion
·         Represents the life savings of 12 million Malaysians
·         BN govt already spent 60% of the people's savings


23 June 2011, EPF said that 60% of its funds have been borrowed by the Malaysian govt.
Dec 2010, the govt still owes EPF about RM 240 billion.

This means the BN govt has already spent 60% of all your savings.


DO YOU THINK you will get your money back?

See the chart (attached).  2012 will mark the 15th year of budget deficit with no sign of financial smarts.

The Constitution of Malaysia caps govt debt at 55% of GDP.  As of 30 June 2011, govt debt stands at 53%.  When it touches 55%, the BN govt will officially be in crisis and the Constitution may need to be changed to increase borrowing and possibly require a bailout.

What happened to Greece recently? They had to write off 50% of outstanding govt loans.  Just imagine if EPF is asked to take a 50% cut of outstanding debt owed by BN.  More than half your EPF money will be lost, and you just have to accept it, after 40 years of working.








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21 comments:

  1. AnonymousDecember 22, 2011 at 8:17 PM

    Oi nah,kalau macam ini selama 36 tahun kita kerja,hangus macam ini saja.

    Kenapa bah ini UMNO sekarang jadi pencuri besar? Kalau tiada duit,buatlah macam tiada duit.Ini bila ada mesyuarat semua cerita fasal JUTA JUTA,RATUS JUTA.

    Tidak hairan lah Datuk Seri Idris Jala ada sebut Malaysia ini akan MUFLIS jika belajawan tidak dikawal.

    PRU 13 ini kita terjemahkan panas hati kita,marah kita,benci kita pada KERTAS UNDI.Orang kampung dikasih saja RM 100. sudah lupa diri.

    ReplyDelete
  2. ghost busterDecember 23, 2011 at 8:53 AM

    Look at the way they manage over-priced projects, distributing monies by the billions to get the heart of voters pending the general elections. Giving out computers.....all but to stay in government. The country is in danger..!!
    Would the people be wise enough, daring enough, determined to change this government?

    ReplyDelete
  3. AnonymousDecember 23, 2011 at 8:56 AM

    Please don't risk the people's EPF funds on risky investments.

    ReplyDelete
  4. AnonymousDecember 23, 2011 at 8:57 AM

    The government must pay off all the debts that accrued a.s.a.p and stop all investments that bring no profits.

    ReplyDelete
  5. samandaDecember 23, 2011 at 9:03 AM

    wang EPF adalah wang pekerja, ia harus dijaga dgn baik. jgn gunakan wang tersebut unttuk tujuan lain.

    ReplyDelete
  6. leeeeDecember 23, 2011 at 11:29 AM

    adakah perlu sehingga meminjam kepada EPF pekerja?? biar betul ni

    ReplyDelete
  7. AnonymousDecember 23, 2011 at 2:52 PM

    bukankah KWSP memang salah satu dari sumber pinjaman kerajaan?

    ReplyDelete
  8. AnonymousDecember 23, 2011 at 2:55 PM

    semua bentuk pelaburan KWSP perlu dipantau dan dinilai panel pelaburan dan risiko KWSP sebagai jaminan bahawa pinjaman itu selamat.

    ReplyDelete
  9. Allysa DamiaDecember 23, 2011 at 3:00 PM

    pemantau harus untuk mengelak sebarang bentuk jenayah kolar putih

    ReplyDelete
  10. AnonymousDecember 23, 2011 at 3:19 PM

    Hentikan manipulasi yang hanya memudaratkan epf rakyat.

    ReplyDelete
  11. samandaDecember 23, 2011 at 3:31 PM

    haraplah wang EPF akan selamat.

    ReplyDelete
  12. AnonymousDecember 24, 2011 at 9:58 PM

    No wonder retirement age has been extended to 65 so that funds could be utilised at their whim and fancy.Advisable to draw out if eligible and put into more trusted financial institutions.

    ReplyDelete
  13. wanDecember 24, 2011 at 10:38 PM

    yang penting ianya diuruskan secara cekap dan baik.

    ReplyDelete
  14. wanDecember 24, 2011 at 10:39 PM

    apa pun yang dilakukan, pastikan ianya memberikan manfaat kepada semua.

    ReplyDelete
  15. blackDecember 27, 2011 at 9:01 AM

    ada mana2 pencarum yang tidak dapat wang kwsp mereka??

    ReplyDelete
  16. blackDecember 27, 2011 at 9:03 AM

    jika pembangkang memerintah, dari mana mereka dapat dana untuk membangunkan negara? IMF?

    ReplyDelete
  17. UnknownDecember 28, 2011 at 10:25 AM

    Jangan gunakan wang pekerja dengan sesuka hati. Perlu diurus dengan sebaiknya.

    ReplyDelete
  18. AnonymousDecember 28, 2011 at 3:27 PM

    geez...disgusted with some of the naive comments. Some of you actually expect to get back your EPF savings from a corrupt administration ? Dream on...

    ReplyDelete
  19. KingDraJanuary 3, 2012 at 1:10 AM

    kesian..baru baca blog fitnah begini saja, ramai yang bodoh2 senang pecaya. Bukti pun setakat main taip cari di google, pastu tambah perisa fitnah, sudah mau dikasi banding dengan greece. tuan blog pigi ko tinggal sana greece hahahahaha! kesian..

    ReplyDelete
  20. AnonymousJanuary 5, 2012 at 9:23 PM

    MR TORO.said KITA BUKTIKAN PADA PRU13 SEBAGAI PENENTU UNTUK KITA SEGALA WANG RINGGIT TANAH PUSAKA TIDAK LAGI DI AMBIL OLEH BN/UMNO KERAJAAN YANG MEMERENTAH KETIKA INI!PRU 13 KITA SAMA-SAMA TUKAR KERAJAAN YANG ADA SEKARANG PADA PRU KE 12 KALAU BUKAN SABAH DAN SERAWAK BN/UMNO SUDAH TUMBANG LIMA NEGERI KAWASAN BN/UMNO ADALAH PEMBANGKANG PRU 13 BN/UMNO TIDAK ADA LAGI HARAPAN UNTUK MENJADI KERAJAAN PR DAN PEMBANGKAN TELAH BERSATU UNTUK BERKERJASAMA UNTUK MENUMBANGKAN BN/UMNO PADA PRU 13 YANG TIDAK LAMA LAGI MUNGKIN DALAM BULAN MARCH 2012 DATUK SERI NAJIB APA TUNGGU LAGI BUBARKAN SAHAJA KERAJAAN SAMA ADA BN/UMNO BOLEH MENJADI KERAJAAN ATAU TIDAK KALAU YAKIN DENGAN SOKONGAN RAKYAT BN/UMNO PATUA YAKIN UNTUK MENANG.ABU!!!!AKU BUKAN UMNO.!!!!!!!

    ReplyDelete
    Replies
    1. AnonymousJanuary 21, 2012 at 9:11 AM

      Don't abuse people's money saving. This is our life line we don't want our money end up to the pocket of the cronies and as monthly paycheck to gov servants. Use your own money instead of stealing from us.

      Delete

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