After a few rounds of gaining feedback from subject matter experts as well as the community through focus group, the CPF Advisory Panel, lead by Professor Tan Chorh Chuan submitted the FIRST batch of recommendations on how to improve the CPF. Rebranding CPF Life Entry Limits The panel provide names for the entry minimum sum for the folks who turns 55 next year. It used to be that the government explains that if you have a home and you pledge 50% of the home, you will only need to satisfy 50% of the $155k limit. Now its re-branded as Basic and Full Retirement Sum. If you pledge your home, you will only need to satisfy $80,500 in your CPF minimum sum, which is made up of your CPF SA account and if SA is not enough, CPF OA. This is Basic Retirement Sum. If you do not pledge your home, ......