Tuesday, October 2, 2007

CPF Changes Update

I have updated the CPF Summary post based on the ministerial statement provided by choozm. Thanks choozm...

Basically, the updates include the amount that cannot be used for CPF Investments (the sequence of lock-in), and the draw-down age and bonuses for the elderly.

The CPF changes are really confusing. I'm not even sure if I have got it all right. It doesn't help that the newspaper reported it differently from the ministerial statement.

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