ask PAP how many billions of CPF returns have been stolen over the years.....average 6.5% -2.5%=4.5% times how many billions a year......at least 200 billion has been siphoned off from the returns of our CPF from the 1990s.......this country was built on the backs of our countrymen's stolen wealth!!!!!!name any country in the world that invests the citizens money and keeps more than half of the returns......this is not even a bank or a mutual or hedge fund,this is daylight robbery!!!!!even wall street banks dont dare to charge their clients more than 2% for managing their money!!!!!!cpf is a hidden tax,nearly 37 percent of our income goes towards funding this ponzi scheme and yet it is one of the most inadequate retirement funds in the world!!!!