This is why CPF needs to be scrapped. It is too complex with ever increasing number of rules. The market has offering for retirement and medical insurance products that fit everybody's needs. People are better off taking higher take home pay in cash and make their own financial planning. If people are unwilling to plan for themselves, its their choice. Also these people are the minority. We should not impose a nation wide CPF scheme just because some minority do not know how to take care of themselves.
Don't anyhow rant, later my garment sue until your pants drop!???
Siao lang many many
This is why CPF needs to be scrapped. It is too complex with ever increasing number of rules. The market has offering for retirement and medical insurance products that fit everybody's needs. People are better off taking higher take home pay in cash and make their own financial planning. If people are unwilling to plan for themselves, its their choice. Also these people are the minority. We should not impose a nation wide CPF scheme just because some minority do not know how to take care of themselves.
Reply to @minx99 : typical reply when people lack counter argument or evidence.