Is it the fault of the CPF?
Let me look at the CPF from another angle and how it could be the source of other ills of our society. Traditionally children were the insurance of old age for parents. And children became a necessary item of all families. They are the provider for the parents when they are old and feeble and can no longer toil for a living. What's that got to do with CPF? Yes, the CPF has become the substitute for children. People no longer depend on children for their old age. They have their own money to look after them. So no need to get married and have children. Does it make sense? Why not? The CPF has unwittingly becomes a substitute and contribute to the no need to get hitch and no need to have children society. Now where have the children gone? Who cares? This is only one social problem that the CPF may help to create. But the CPF can help to get rid of our oldies problem too. When the time comes, when all the oldies have a couple of hundred thousands in their CPF, and untouchable, what is the next best thing to do? Cost of living is extremely high in this little island for the jobless. The few hundred dollars to be paid out by the CPF will only be good enough for subsistence level lifestyle. Why not take all out? Yes, denounce the citizenship, take out everything and migrate to a cheaper paradise. The oldies may find such an option a more desirable and practical way to spend their old age and their life long savings. So the CPF will help to disperse our senior citizens around the world as rich old Singaporeans living out their golden years in wealth and in health. And our oldies and over crowding and welfare problems will be solved. Singapore will be forever young. Is this part of a well thought out plan?