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Workers' Party calls for CPF payout age to be lowered to 60

Its MPs suggest that payout-eligibility age be de-linked from retirement age and re-employment age

Lee U-Wen

Published Tue, Mar 3, 2015 · 09:50 PM

Singapore

THE opposition Workers' Party (WP) on Tuesday reiterated its call to allow Central Provident Fund (CPF) members the option of receiving monthly payouts from a younger age.

Lowering the payout-eligibility age to 60, it said, would provide greater flexibility for those who want their payouts earlier, rather than wait until they turn 64 or older.