CPF vs EPF – Comparing apples and oranges?
Mr Leong Sze Hian offered good comparisons between our Central Provident Fund (CPF) and Malaysia's Employees Provident Fund (EPF) on rates of return ("CPF protest draws crowd"; Sunday). While the EPF's 6 per cent interest rate sounds attractive, it is unfair to use that as a benchmark for comparison. Unlike Singapore, Malaysia...
Thai students sent back from Singapore
University students who unwittingly joined a Singapore work training programme not actually open to them arrive at Suvarnabhumi airport yesterday. They are among students whose information was allegedly forged by brokerage firms to allow them access to the programme. (16 Jun) - Three of a group of 40 Thai students who were allegedly...
TP GRC Event: CPF & Retirement Security Discussion
Minister Chan Chun Sing Ok Folks, saw you choice for the topic for the next Informal Policy Disc (4 Jul 14, 8pm Buona Vista CC). Will do "CPF and Retirement Security". Here are some initial questions to ponder in preparation: 1. What are the objective(s) of any system that seeks to take care of our retirement needs? 2. What...
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