TR EMERITUS

Mr Muhammad Rasyid Abdullah laments that he needs more assurance on the future retirement sum needed in his Central Provident Fund (CPF), citing that the Minimum Sum has risen 437 per cent from $30,000 to $161,000 in 28 years, and wonders if $800,000 is needed by 2055 ("More assurance needed on future retirement sums"; yesterday). The... 

(19 Mar) - Singapore’s ‘founding father’ Lee Kuan Yew is critically ill in hospital, and the island state he led for three decades is preparing for life without the domineering politician who guided it to independence and prosperity. 91-year-old Lee, Singapore’s first and longest-serving prime minister, has receded from... 

In his letter ("More assurance needed on future retirement sums"; last Thursday), Mr Muhammad Rasyid Abdullah asked if a younger member would have enough in retirement savings if one were to project what the Retirement Sums would be, going forward. Simply projecting the Retirement Sums based on past increases to the Minimum...