NCMP Gerald Giam shares his thoughts on the changes to CPF, namely - TopicsExpress

NCMP Gerald Giam shares his thoughts on the changes to CPF, namely CPF payouts, the Lease Buyback Scheme, and the withdrawal of CPF after retirement. While I understand the PM’s explanation that sufficient CPF balances are needed for people to have a decent monthly pay out after retirement, many low-income (or no-income) Singaporeans simply cannot save up enough to meet the Minimum Sum of $155,000 or $161,000, even with the property pledge included. #NDRsg

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