It states that ”In 2001, 36,816 members were brought into the Minimum Sum Scheme. Of these, 5,827 bought annuities, 13,373 pledged their properties and 14,433 left their Minimum Sum either with the banks or the Board. The remaining 3,183 consisted of members who had no Minimum Sum to set aside as they had small balances, and those who were exempted from the scheme because they were terminally ill, had passed away, had their own annuities, had left the country permanently or were pensioners in receipt of a monthly pension.” What do you think?
Posted on: Sat, 17 May 2014 05:04:35 +0000
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