Someone said:
I totally agree with Dr Ho Ting Fei's suggestions (Make full CPF payout by age 70, Feb 23).
The Central Provident Fund's (CPF) rules and policies should be simple and logical, instead of being complicated, confusing and potentially contentious.
If savings can be withdrawn from the Ordinary Account at the age of 55, then the same spirit should apply for the Retirement Sum, in that members should be able to withdraw it at the retirement age of 62.
What is the rationale for starting payouts at the ages of 65 to 70, when the minimum retirement age is 62?
https://tklcloud.com/Feedback/feedback2.aspx?id=1140
I totally agree with Dr Ho Ting Fei's suggestions (Make full CPF payout by age 70, Feb 23).
The Central Provident Fund's (CPF) rules and policies should be simple and logical, instead of being complicated, confusing and potentially contentious.
If savings can be withdrawn from the Ordinary Account at the age of 55, then the same spirit should apply for the Retirement Sum, in that members should be able to withdraw it at the retirement age of 62.
What is the rationale for starting payouts at the ages of 65 to 70, when the minimum retirement age is 62?
https://tklcloud.com/Feedback/feedback2.aspx?id=1140
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