CPF issue: Retirement scheme fair and one of world's safest: DPM Tharman
Published on Jul 8, 2014 3:45 PM


I think safeguarding the CPF and ensuring a Minimum Sum with each CPF members - is the most prudent measure the Government has undertaken to protect the Retirement Savings for Singaporeans.

This is because there will be Singaporeans who will not be able to manage their funds if allowing them to withdraw everything at one go - and will lose all their life savings in no time.

In return, this will pose a problem not only to themselves but also to the Government - if they ever lose their entire CPF savings for retirement.

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