What a beautiful sound
On the front page of 'my paper' are these sweet words that are music to my ears - S'poreans to get monthly CPF Life payouts. Then on page 2, CPF Life are for life. And sweeter still, the first paragraph, 'Singaporeans will receive monthly payouts form the CPF Life annuity scheme for the rest of their lives although the law does not provide for it, assured Manpower Minister Gan Kim Yong. The sweetness ends there. As I read on, the money is not coming from the govt, it is coming from your own savings. Fat hope, where got govt so good one. And I think it is compulsory after 2013. The point is that it is your own money.