[ROFLMAO]

The CPF SA has been used as a high interest savings accounts by Singaporeans. Now the money will be transferred to CPF OA to  earn 2.5% instead of 4%.

If youbstill want the 4% you have to transfer to RA ...once in RA you cannot take out as lump sum but enroll your money to the enhanced CPF Life scheme.

The changes also means those who use the "shielding trick"  to get more interest can no longer do it as money goes back to cPF OA....

Looks like they purposely close a loophole

You don't have to worry about CPF change... Focus on the positive, PAP is giving you a lot of freebies in the next 12 months