- Joined
- Oct 26, 2008
- Messages
- 5,214
- Points
- 63
It seems your monies are for FTs to withdraw from their CPF first.
S'poreans are crying for CPF to be withdrawn earlier to help in this economic crisis have fallen on deaf ears time and time again.
CITIZENS, the MIWs hope you DIE EARLY so they can use your monies. FUCK THEM. I am voting TJS.
[h=1]CPF review to address longer lives[/h]
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9Share
my paper
Tuesday, Aug 23, 2011
By Gwendolyn Ng
AS LIFE expectancy increases up to 85 and beyond, the Government is reviewing the Central Provident Fund (CPF), which remains viable, Minister of State for Manpower and National Development Tan Chuan-Jin said yesterday.
Speaking at a forum held at the National University of Singapore, he said: "We are enhancing the CPF system to make CPF savings last longer for members."
This is because people underestimate how long they will live and how much they should save for retirement, Brigadier-General (NS) Tan said.
Family support continues to play an important role in retirement adequacy.
For instance, he said seniors could be supported through the Minimum Sum Topping-Up Scheme where members opt to top up their family members' CPF accounts. About $110 million in top-ups were made for parents and grandparents last year.
S'poreans are crying for CPF to be withdrawn earlier to help in this economic crisis have fallen on deaf ears time and time again.
CITIZENS, the MIWs hope you DIE EARLY so they can use your monies. FUCK THEM. I am voting TJS.
[h=1]CPF review to address longer lives[/h]
<form action="emailToFriend.jsp" method="POST" name="emailToFriendForm">
9Share
my paper
Tuesday, Aug 23, 2011
By Gwendolyn Ng
AS LIFE expectancy increases up to 85 and beyond, the Government is reviewing the Central Provident Fund (CPF), which remains viable, Minister of State for Manpower and National Development Tan Chuan-Jin said yesterday.
Speaking at a forum held at the National University of Singapore, he said: "We are enhancing the CPF system to make CPF savings last longer for members."
This is because people underestimate how long they will live and how much they should save for retirement, Brigadier-General (NS) Tan said.
Family support continues to play an important role in retirement adequacy.
For instance, he said seniors could be supported through the Minimum Sum Topping-Up Scheme where members opt to top up their family members' CPF accounts. About $110 million in top-ups were made for parents and grandparents last year.