During his National Day Rally speech 2014, Prime Minister Lee Hsien Loong spoke about the Central Provident Fund (CPF) system which together with home ownership, form the twin pillars of retirement adequacy in Singapore. The CPF system has served Singaporeans well and has several distinctive strengths. However, the Government has been studying further enhancements to some key aspects of the CPF system to make it more flexible to meet the needs of more Singaporeans and provide additional options in retirement.
As CPF changes are complex, PM said that the Ministry of Manpower would appoint a CPF Advisory Panel to study these possible enhancements further, including the benefits and trade-offs involved. - See more at: http://news.asiaone.com
As CPF changes are complex, PM said that the Ministry of Manpower would appoint a CPF Advisory Panel to study these possible enhancements further, including the benefits and trade-offs involved. - See more at: http://news.asiaone.com
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