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Lai Liao.. Goal pole shifting again sooner the merrier, thanks to 70.4% majority??
- Thread starter k1976
- Start date
SINGAPORE (The Straits Times/Asia News Network): The Government is not ruling out relooking the limit of S$5,000 that eligible Central Provident Fund (CPF) members can withdraw unconditionally upon turning 55, Minister for Manpower Tan See Leng said on Tuesday (Sept 19).
However, he cautioned in Parliament that higher withdrawals will lower future CPF payouts for the individuals.
“We constantly look at and review the policy; and looking at the broader context of the savings... the percentage of people (attaining the Basic Retirement Sum), we are not completely closed off,” said Dr Tan.
However, he cautioned in Parliament that higher withdrawals will lower future CPF payouts for the individuals.
“We constantly look at and review the policy; and looking at the broader context of the savings... the percentage of people (attaining the Basic Retirement Sum), we are not completely closed off,” said Dr Tan.
https://dollarsandsense.sg/business...his-would-affect-workers-and-their-employers/
Sit tight.... CPF contribution rate hike coming
Sit tight.... CPF contribution rate hike coming
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