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The Seduction of the Simple: Insights on Singapore's future directions by Devadas Krishnadas

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2.2 PUBLIC POLICIES

•   Why It’s So Hard For Singaporeans To Understand CPF

•   What CPF Reform Should Achieve

•   Train Pains

•   Holding Power — Or How We Can Win Even When We Lose

•   When A Public Display Of Regulation Is Not Needed

•   Time For A Ministry Of Successful Ageing

WHY IT’S SO HARD FOR SINGAPOREANS TO UNDERSTAND CPF

First published in TODAY, 28 May 2014

In 2014, the CPF minimum sum was raised.7 As the lifespans of Singaporeans lengthen, our retirement needs will grow, hence the need to raise the CPF Minimum Sum and retirement age.

However, despite ministers taking the well-intentioned effort at communicating the changes in the CPF model, it may not have silenced critics or comforted the anxious.

Why is this so? Primarily because ...

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