Compulsory annuities will be introduced
Ong Hui Guan, Secretariat, National Longetivity Insurance Committee wrote a reply to Vincent Chia and assured the public that they will carefully considered all angles after consulting the actuarial experts. Did he also said, 'thank you for your comment, the compulsory annuities will be introduced no matter what?' Or they may or may not introduce annuities if the study is not favourable? But it seems that the study is about how best to introduce and not about the relevance of the whole concept. The path to be travelled is quite clear.