Manpower Minister Tan Chuan-Jin has clarified some of the - TopicsExpress

Manpower Minister Tan Chuan-Jin has clarified some of the misconceptions about CPF (Central Provident Fund). In his blog post, Mr Tan made three points: CPF helps Singaporeans retire; The money belongs to Singaporeans; and The Minimum Sum is increasing because Singaporeans are living longer, which means theres a need to spread out payouts. His comments, made in a blog post on Sunday, come days after allegations that the government is misusing CPF money. Mediacorp news video / ChannelNewsAsia article channelnewsasia/news/singapore/c­pf-misconceptions/1121360.html

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