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CPF Advisory Panel Recommendations<p>The CPF Advisory Panel was appointed by the Ministry of Manpower in September 2014. The CPF Advisory Panel will study these areas:</p><ol><li>How the Minimum Sum should be adjusted beyond 2015 in order to meet the objective of delivering a basic monthly retirement payout for life.<br></li><li>How to enable CPF members to withdraw more as a lump sum upon retirement, and the circumstances for their doing so, taking into consideration the impact on retirement adequacy for different groups.<br></li><li>How to provide an option for members who prefer CPF payouts that are initially lower but rise with time to help with increases in the cost of living; and<br></li><li>How to provide more flexibility for members who wish to: <br></li><ol><li>Seek higher returns while balancing the higher investment risks involved, through private investment plans<br></li><li>Invest in private annuities when they retire as an alternative to CPF LIFE.</li></ol></ol><p> </p><p> <a href="https://www.mom.gov.sg/-/media/mom/documents/employment-practices/cpf-advisory-panel/part-1-recommendations/executive-summary.pdf" target="_blank">Executive Summary of the Panel’s Report</a> (PDF, 0.3MB)<br></p><p> <a href="https://services.mom.gov.sg/cpfpanel/" target="_blank">Read the full details of the Panel’s recommendations</a></p><p> <span class="blackhighlight"> <strong>Press Advertisements:</strong></span></p><p> <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsEnglish.pdf" target="_blank">Your CPF: More Flexibility, More Options</a> (PDF, 2.7MB)</p><p> <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsEnglish.pdf" target="_blank"> <img alt="Press Advertisement - Your CPF: More Flexibility, More Options" src="/Assets/common/PublishingImages/CAP_PressAd.jpg" border="0" style="width:44.9%;height:auto;" /></a> <br></p><p> <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsChinese.pdf" target="_blank">Chinese</a> (PDF, 4.0MB), <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsMalay.pdf" target="_blank">Malay</a> (PDF, 2.8MB), <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsTamil.pdf" target="_blank">Tamil</a> (PDF, 2.9MB) </p>CPF Advisory Panel RecommendationsTrueFalseTrue

 

 

CPF Advisory Panel Recommendations<p>The CPF Advisory Panel was appointed by the Ministry of Manpower in September 2014. The CPF Advisory Panel will study these areas:</p><ol><li>How the Minimum Sum should be adjusted beyond 2015 in order to meet the objective of delivering a basic monthly retirement payout for life.<br></li><li>How to enable CPF members to withdraw more as a lump sum upon retirement, and the circumstances for their doing so, taking into consideration the impact on retirement adequacy for different groups.<br></li><li>How to provide an option for members who prefer CPF payouts that are initially lower but rise with time to help with increases in the cost of living; and<br></li><li>How to provide more flexibility for members who wish to: <br></li><ol><li>Seek higher returns while balancing the higher investment risks involved, through private investment plans<br></li><li>Invest in private annuities when they retire as an alternative to CPF LIFE.</li></ol></ol><p> </p><p> <a href="https://www.mom.gov.sg/-/media/mom/documents/employment-practices/cpf-advisory-panel/part-1-recommendations/executive-summary.pdf" target="_blank">Executive Summary of the Panel’s Report</a> (PDF, 0.3MB)<br></p><p> <a href="https://services.mom.gov.sg/cpfpanel/" target="_blank">Read the full details of the Panel’s recommendations</a></p><p> <span class="blackhighlight"> <strong>Press Advertisements:</strong></span></p><p> <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsEnglish.pdf" target="_blank">Your CPF: More Flexibility, More Options</a> (PDF, 2.7MB)</p><p> <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsEnglish.pdf" target="_blank"> <img alt="Press Advertisement - Your CPF: More Flexibility, More Options" src="/Assets/common/PublishingImages/CAP_PressAd.jpg" border="0" style="width:44.9%;height:auto;" /></a> <br></p><p> <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsChinese.pdf" target="_blank">Chinese</a> (PDF, 4.0MB), <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsMalay.pdf" target="_blank">Malay</a> (PDF, 2.8MB), <a href="/Assets/common/Documents/CPFChanges/YourCPF_MoreFlexibilityMoreOptionsTamil.pdf" target="_blank">Tamil</a> (PDF, 2.9MB) </p>CPF Advisory Panel Recommendations16/2/2015 4:00:00 PMhttps://null/common/Lists/News/DispForm.aspx?ID=2254

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