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CPF system is fair and sustainable

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The strength of the Central Provident Fund (CPF) system lies in the fact that it is both financially sustainable and progressive, a "rarity" in the world when it comes to a country's retirement savings scheme.

THE strength of the Central Provident Fund (CPF) system lies in the fact that it is both financially sustainable and progressive, a "rarity" in the world when it comes to a country's retirement savings scheme.

While admitting that Singapore's social security system may not be perfect,