Singaporeans should say, 'No, Thank you very much.'
Published September 20, 2007 YESTERDAY IN PARLIAMENT We need CPF changes to stay viable: Eng Hen Govt not leaving citizens to fend for themselves, he says... Dr Ng emphasised that the government is not leaving Singaporeans to fend for themselves. 'We will spend at least $1.1 billion each year to build up their CPF savings through Workfare and higher CPF. We will provide up to $1.2 billion in deferment bonuses. These changes are real. They will see their CPF accounts grow faster after these changes.' Singaporean should say no to the billions that the govt is going to put into their CPF. The govt should use the billions for the annuity schemes and not to change the withdrawal age of the CPF. Thank you. Please don't meddle with the CPF scheme. We are very happy with the way it is.