Thursday, March 07, 2019

Make CPF Life voluntary

Some 15 years ago, the government formed a committee to study the introduction of CPF Life annuity.

I met the review committee and gave my view - do not make CPF life compulsory, make it attractive.

I wanted the CPF member to have a choice whether or not to invest in CPF Life. It depends on their individual need and preference.

The review committee did not accept my suggestion. They made it compulsory.

Read here:
https://tklcloud.com/Feedback/feedback2.aspx?id=1180



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