EDITORIAL ·
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Raising withdrawal age for CPF may not be right or needed move

THE Central Provident Fund (CPF) is often studied for its efficacy in meeting the retirement needs of Singaporeans. One of the more regular studies is the annual Melbourne Mercer Global Pension Index, which benchmarks and ranks global retirement income systems.

For 2018, the index puts Singapore's pension system as the best in Asia - for the 10th consecutive year - and seventh best globally. Singapore scored a B grade overall. Only two countries - the Netherlands and Denmark - were graded an A.

Mercer's...

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