There is now an air of anticipation that changes are afoot, with Prime Minister Lee Hsien Loong expected to address the issue in his National Day Rally later this month. I hope it wont mean yet more tinkering of a scheme that has been tweaked to death over the years. It makes you wonder if the CPF as a policy tool has become too easy for policymakers to use. It isnt like health care, where any change might involve building expensive and complex hospitals. Or training specialist doctors and nurses and anticipating new diseases. Or like education, with so many different types of schools and universities, and curriculum to decide on, and teachers to train. In contrast, changing the CPF scheme seems so simple, it appears that you or I could do it in the blink of an eye.
Posted on: Sun, 03 Aug 2014 02:55:13 +0000