<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR>No word from CPF Board about higher payout request
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->LIKE Mr Richard Foo in his letter on Tuesday, 'CPF Minimum Sum: Allow higher payouts', I broached the question of higher payouts with the CPF Board. I believe many Singaporeans are in the same situation since the Government raised the CPF Minimum Sum to $117,000.
Here are the details of my case:
I topped up my mother's CPF Retirement Account some years back to about $14,000. She was paid $297 a month.
I am contemplating topping up her Retirement Account to the maximum $117,000 to provide for her retirement and asked the CPF Board's Bishan branch about a month ago to allow the monthly drawn-down amount to be increased to $1,040 a month from $297.
To date, I have not received any reply or even an acknowledgement from the CPF Board.
Johnny Sim
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->LIKE Mr Richard Foo in his letter on Tuesday, 'CPF Minimum Sum: Allow higher payouts', I broached the question of higher payouts with the CPF Board. I believe many Singaporeans are in the same situation since the Government raised the CPF Minimum Sum to $117,000.
Here are the details of my case:
I topped up my mother's CPF Retirement Account some years back to about $14,000. She was paid $297 a month.
I am contemplating topping up her Retirement Account to the maximum $117,000 to provide for her retirement and asked the CPF Board's Bishan branch about a month ago to allow the monthly drawn-down amount to be increased to $1,040 a month from $297.
To date, I have not received any reply or even an acknowledgement from the CPF Board.
Johnny Sim
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