13-03-2023, 11:25 PM
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Lacking capability to maximise ROI for CPF members savings to meet their future retirement, CPF CEOs fixing of OA interest rates becomes paramount.
By keeping a much lower OA rate @ 2.50% pa and longer than what were clearly stipulated "using Banks average 3 months FD rates" is contravening the rules.
Sadly, this is against the spirit of managing a national pension fund..
Singaporeans demanding an answer
Lacking capability to maximise ROI for CPF members savings to meet their future retirement, CPF CEOs fixing of OA interest rates becomes paramount.
By keeping a much lower OA rate @ 2.50% pa and longer than what were clearly stipulated "using Banks average 3 months FD rates" is contravening the rules.
Sadly, this is against the spirit of managing a national pension fund..
Singaporeans demanding an answer