Will CPF Min Sum be enough to cover inflation at 65?
Will the CPF Minimum Sum be enough to help CPF Members' future needs? The CPF Minimum Sum will be locked when you reach 55 for the next 10 years in the Retirement Account(RA) and earned 4% interest p.a. On reaching 65, you are allowed to withdraw on a monthly basis till the amount is depleted. Based on the CPF Board's Chart Example:- A...
NMP Eugene Tan responds to ST reader Eugene Tan
NMP Eugene Tan I feel compelled to respond to my namesake's letter ("Don't take good govt for granted"; June 17) as many have assumed the writer's views are mine. Mr Eugene Tan argues that "Singaporeans know who to trust in difficult times" and that "we may take a good and trustworthy government for granted". He also cautioned...
HDB rules unfair to private home owners
HDB flats I agree with Mr Liew Eng Leng ("HDB flat owners can't have cake and eat it"; June 14) that an HDB flat should not be used as an investment vehicle and private property owners who wish to live in their private homes should not hold on to their HDB homes. But I disagree with his argument that the rules do not penalise...
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