What do you think a CPF reform should achieve? - TopicsExpress

What do you think a CPF reform should achieve? [bit.ly/WP6S6a] In light of recent discussions on reforms of the Central Provident Fund (CPF), Devadas Krishnadas, a consultant in the private sector, shared his thoughts on what key factors the CPF reform should achieve, noting that privatising CPF may not work because the higher risks could compromise the fund’s ability to meet retirement needs of Singaporeans. He suggested simplifying the CPF model by limiting its scope, moderating the acceptable withdrawal for housing needs and making the schemes more common rather than more specific to population segments.

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