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Ranking of CPF flawed: Expert
By: LORNA TAN,
The Straits Times
(Money)
25/11/2009
...AN EXPERT on the Central Provident Fund (CPF) system has criticised a recent global report...particularly low” due to the nature of the CPF and the members’ ability to access funds...Commentators have noted in the past that a lot of CPF savings are tied up by housing and health...
(660 words)
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B26
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30,000 sign up for CPF Life
By: ZAKIR HUSSAIN,
The Straits Times
(Prime - News)
18/11/2009
MORE than 30,000 older CPF members have committed over $1.2 billion...ago. However, these opt-ins to the CPF Life scheme add up to less than 5 per cent...out that in the pool of 700,000 older CPF members are some who had passed the age...
(550 words)
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A10
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Higher borrowing cap to give $70b boost for bonds, CPF
By: CHUANG PECK MING,
The Business Times
(Top Stories)
24/11/2009
...This is due to the expected increase in CPF Board members’ balances as a result of policy changes, such as CPF Life and the increase in Minimum Sum, to...retirement savings, as well as higher CPF interest payments and the corresponding interest...
(358 words)
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2
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CPF Life designed to provide stable, lifelong returns
The Straits Times
(Forum)
25/11/2009
...guarantee”. As a national annuity scheme, CPF Life is designed to provide members with...financial sustainability of the scheme, CPF Life is designed to be self-funding...designed to have less volatile payouts as CPF Life monies are invested in a basket of...
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A31
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Perlindungan CPF sejak buaian lagi
Berita Harian
(Komentar)
23/11/2009
...pada skim anuiti atau tunjangan nasional, CPF Life, tampak memberangsangkan. Lebih...000 pencarum Tabung Simpanan Pekerja (CPF) – kenaikan lebih seganda dalam sebulan...September lalu. Oktober lalu, Lembaga CPF mendedahkan hanya 12,000 pencarum menyertai...
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7
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The raging debate over CPF Life
By: JOYCE HOOI,
The Business Times
(Singapore)
21/11/2009
...com.sg THE Central Provident Fund (CPF) Board has been gaining ample understanding...please everyone” since it launched the CPF Life annuity scheme in February 2008 and...streamlined new package of four plans for CPF Life was launched this year, reactions...
(595 words)
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17
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CPF Life pulls in $1.2b in two months
By: GENEVIEVE CUA,
The Business Times
(Executive Money)
18/11/2009
THE CPF Life – CPF’s retirement scheme designed with an annuity – has attracted $1...and the V-Bonus is given to encourage members to defer the payouts. A CPF spokesman said: “We are very encouraged by the extremely positive response...
(265 words)
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34
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CPF Life: Raise comfort level regarding payout guarantee
The Straits Times
(Forum)
21/11/2009
...WEDNESDAY’S report, “30,000 sign up for CPF Life”, while encouraging, also begs...amount received may fall if the lifespans of CPF Life members increase by more than expected, if Central Provident Fund (CPF) interest rates shrink, and if the...
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A42
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State assured minimum sum for CPF Life
The Straits Times
(Forum)
13/11/2009
THE Central Provident Fund (CPF) Board has distributed informative pamphlets to senior citizens such as A Guide To CPF Life and CPF Life Monthly Payout For Life, which describe annuity options...
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A32
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Every CPF Life member will enjoy the same interest rate
The Straits Times
(Forum)
16/11/2009
...by Mr Manuel Nathan, “State assured minimum sum for CPF Life”. CPF Life is designed to provide members with lifelong...enjoy the same rate. It is not meaningful to compare CPF Life with other annuity schemes as they are designed...
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A22
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