The CPF Minimum Sum is raised today from $148k to $155k. Many are not happy. They are calling for the governments head.

I am not sure if they are understanding what they are ranting about. I have a feeling many are ranting because they are not going to see their money forever.

I taken this image from one of the ranting platform. It shows the gloomy picture of the crazy raising of this minimum sum.

I am probably not a  good person to put this CPF Minimum Sum and CPF Life in an entertaining, thorough manner.

I leave it to Christopher Tan from Providend to explain it.

Hats off to him for making it so entertaining. Its 1 hour of explanation and unfortunately it is in Chinese. You can re-watch it a few times if you find it challenging to understand it.

He covers  a lot:

• The CPF Minimum ...