CPF - Grabbing at straws
The Straits Times gives Chua Mui Hoon almost one whole page of the Editorial Page to justify why it is good to raise the withdrawal age for the minimum sum to 65. It is so pathetic. Her only good reason for not returning the money to its rightful owner is for CPF Board to improve its returns to the people. Who cares about those miserable returns that could not even keep pace with the GST increases. It is a non issue. Nobody is interested in the interest rate. The longer the money is kept, the lesser it is worth. The issue is what right has the govt to keep on holding on to the people's money? The life long savings of the people must be returned to the people at the earliest possible as it is their just reward for a life time of struggling and working. This is the last contentment for the ageing and dying men and women and no one shall deprive them of it. They have worked for a life time, waited for a life time, looking forward to this moment to breathe a little easier, to touch the money that they have slogged and saved all this while. How cruel it can be to die without seeing it, without touching it and without being able to spend it for themselves, to go for that holiday, to buy a good meal for themselves, or a little toy for their own amusement?