[Scythian]

CPF Board should take interest rate risk exposure rather than 4.1 mio CPF members.

The Govt guaranteed 2.50% interest becomes invalid when  prevailing special SGS Bond yields and derivatives are much higher.

Why should CPF members subjecting themselves to interest rate risk exposure?

[RiseofAsia]

Till now, still act blur, never increase CPF rate.

There shd be an option allowing CPF members to put their CPF OA $$$ into higher bank fixed deposit since CPF couldnt guarantee good return.

[Scythian]

CPF Board should take interest rate risk exposure rather than 4.1 mio CPF members.

The Govt guaranteed 2.50% interest becomes invalid when  prevailing special  SGS Bond yields and derivatives are much higher.

Why should CPF members subjecting  themselves to interest rate risk exposure?

This should be the jobs of CPF Board in-house Capital market traders and Govt securities experts.

[Scythian]

Till now, still act blur, never increase CPF rate.

There shd be an option allowing CPF members to put their CPF OA $$$ into higher bank fixed deposit since CPF couldnt guarantee good return.

As unprofessional as it seems,. CPF CEO got the cheek to post this on official website:

""2.5% per annum

The OA interest rate will be maintained at 2.5% per annum from 1 October 2022 to 31 December 2022"

CPF.gov.sg"

Note
What a shame?

[Scythian]

Till now, still act blur, never increase CPF rate.

There shd be an option allowing CPF members to put their CPF OA $$$ into higher bank fixed deposit since CPF couldnt guarantee good return.

By suppressing and maintaining prolonged unrealistic low interest @ 2.50%, CPF Board of Directors should consider compensating 4.1 members lost of earnings ..

CPF Board must absorb the losses asap before it gets worse.

Basing on 3 months interest rates rather than investment ROI has proven, today's CPF Board model kaput.