Read comments section: HERE. In reply to AK's comment that not having a cap (i.e. CPF annual contribution limit) would be a burden to the system, 全自然 said... I am not convinced how can more money by contributors in CPF be burdening the system. While the return of CPF is higher than fixed deposits or bonds, the money is locked almost permanently, well you get what i meant. To give a comparison, a whole life insurance can give a compound return of 4%, the insurance company will welcome more money if you are willing to put in. AK said... I spoke to a CEO of an insurance agency before and he says that he does not even try to sell private annuities because there isn't any out there that is stronger than the CPF Life. The returns from private annuities simply cannot match CPF Life's. What does this suggest? ......