The first round of changes to the CPF system has been announced just a few days ago. From what I see, most of the changes are just renaming of the terms which were used previously with a few other additional flexibility to the system. This was indeed what a lot of people want for the system, to have more flexibility in handling their CPF monies. Let's take a look at the changes recommended. The changes can be sum up into 3 different options as below: 1. Basic Retirement Sum (BRS) It was previously not known to many people that they can actually pledge their property to leave just half of the minimum sum and draw out the rest in cash. Many people are still confused by the word minimum sum which has been completely removed in this round of changes. So, if you're still confused by what the term minimum ......