Personal Finance
CPF contribution rates proposal: my views
By Singapore Stocks Investing (SSI)  •  February 13, 2014
There are proposals to change the CPF contribution rates for employers and employees and this proposal was raised by the NTUC. While generally financial news like this should be quite interesting to me who am a person with a keen passion for growing his monies, I just glanced through the article. As far as I am concerned, when it comes to CPF monies, I am quite nonchalant. I mean if the rates are increased, remain the same or head south; I just have to take it (the CPF) as it is. To me, I do not really view CPF as part of my wealth as I “cannot really see the monies”. To me, CPF comes in useful as I pay my housing mortgage loans and Dependents’ Protection Scheme via the Ordinary Account while paying my premiums for the Medisave plans via the Medisave account. For the Special Account, while I ......
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By Singapore Stocks Investing (SSI)
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