Dr Khor also touched on the Central Provident Fund minimum sum in - TopicsExpress

Dr Khor also touched on the Central Provident Fund minimum sum in her reply. She assured the House that there will be no further changes any time soon to the real value of the sum, which now stands at $148,000. Any changes to it will be for inflation purposes, said Dr Khor. ==== Interesting. The CPF minimum sum was supposed to reach $120,000 in 2003 dollars only in year 2015. Seems now we have already reached it in 2013! So $148,000 in 2013 dollars = $120,000 in 2003 dollars! Hopefully, this means the rise in the nominal value of the minimum sum every year would indeed be slower.

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