Our new CPF minimum sum (MS) is going to be 161k. Average - TopicsExpress

Our new CPF minimum sum (MS) is going to be 161k. Average SIngaporean income is 36k PA. About 4.47 times. Like what PM said, there is no one size fits all policy. Therefore 161k MS shd not apply to all. A person earning 72k a yr he shd has 322k MS. If a person earning 1mil a year, his MS shd be 4.47mil. Our PM annual income is 2.4mil, therefore his MS shd be $10.73 mil. PM Lee will only feel the real pain if his big chunk of hard money being locked up. MS 161 has no effect to him at all as he can earn it in three weeks.

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