[Scythian]

A Smart CPF CEO refused to raise interest rates 2.50% after larger Cash MRSS top-up than expected.

"with CPF's Matched Retirement Savings Scheme (MRSS), you can top up your CPF Retirement Account (RA) and receive additional support from the government while doing so. With MRSS, eligible individuals can enjoy up to S$600 a year through a dollar-for-dollar matching grant from the Singapore government
.5 Sept 2022"

https://www.google.com/search?q=Singapor...duced+MRSS&oq=Singapore+Govt+introduced+MRSS&aqs=chrome..69i57j33i160l2.17143j0j4&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=with%20CPF%27s%20Matched,5%20Sept%202022

[Scythian]

,
Why Govt introduced MRSS for what when CPF CEO is so afraid to raise interest rates to match growing higher inflation?

A mouse trap wisely executed.

[Scythian]

,
Why Govt introduced MRSS for what when CPF CEO is so afraid to raise interest rates to match growing higher inflation?

A mouse trap wisely executed.

After You put cash in to top-up

Smart CPF CEO stops increasing interest rates.