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MOM · DOCUMENTS & GUIDES

Government reply to CPF Panel Part Two: August 2016

Historical document: dated proposals, examples and limits are identified in the sections below.

Historical policy record

This article explains the CPF Advisory Panel’s 2015/2016 document. Amounts, account arrangements, projections and recommendations below belong to that publication, not current CPF entitlements, interest quotations or an investment offer. Check current CPF Board rules for an individual decision.

Recommendations accepted

Minister Lim Swee Say accepted Part Two for the government, recognising the complex task and consultation with Singaporeans and financial experts. The reply agrees with an escalating CPF LIFE plan, review of CPFIS and an additional Lifetime Retirement Investment Scheme to address rising living costs and the desire for higher expected returns with risk.

Implementation and understanding

The government stated it would work on implementation and proactively promote understanding so members could make informed choices. This is a record of policy acceptance; specific operating terms, launches and later changes need separate confirmation. Expected investment return is not a guaranteed payment.

Official originals and language editions

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