Tag Archives: Payout. Retirement

CPF: MAJORITY OF S’POREANS WANT MONTHLY PAYOUT ABOVE $1,200

The CPF Advisory Panel (CPFAP) held its first public focus group discussion at *Scape in Orchard Road yesterday (15 Nov). PM Lee announced this CPF public consultation exercise at his National Day Rally speech in August this year. He said that a panel would be formed to study enhancements to some key aspects of the CPF system so as to make it more flexible to meet the needs of Singaporeans and provide additional options in retirement. Subsequently, the government announced that CPFAP would be chaired by Professor Tan Chorh Chuan, President of NUS. The panel has 13 members, including academics, financial industry practitioners, and community representatives from the unions, social sector and grassroots [Link].

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