Friday, June 29, 2018

WOTC - Views on CPF

I asked this question in the Wisdom of the Crowd - What are your views on CPF?
Here are the responses:
67% - It has become too messy with many confusing rules and regulations. 
21% - The interest rate is too low; the government is keeping the profit.
7% - It is a good scheme to provide for housing, medical expenses and retirement.
5% - I prefer CPF contributions by employees to be voluntary.
Positive 7%; negative 93%.
See the breakdown of the votes in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=709

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