28 May '14, 4pm

How Can Singaporeans Accept The Ever Increasing CPF Minimum Sum?

How Can Singaporeans Accept The Ever Increasing CPF Minimum Sum?

Mention the raising CPF Minimum Sum and increasing draw down age to most Singaporeans and you are likely to hear angry retorts such as 'It is my money, I can manage it on my own' or laments such as 'When can I ever enjoy the fruits of my labour?'. As much as I appreciate our government well intended scheme put in place to make sure that Singaporeans have a stable stream of monthly income after retirement, I personally feel that there are some small tweaks that can be put in place to make the scheme more palatable for our people.

Full article: http://www.aspirantsg.com/how-can-singaporeans-accept-the...

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