Top 8 SHOCKING Facts About The Singapore CPF

There is an interesting article about CPF:

FACT #1: Your CPF interest rate used to be higher at 6.5%.
FACT #2: You will earn higher retirement funds in the 10 years between 1976 and 1985 than now.
FACT #3: You are paying up to a 12.5% tax on your CPF.
FACT #4: We can only use 15.5% of our CPF funds for retirement.
FACT #5: If we get the full returns back on our CPF, we would be able to retire with 50% of our CPF.
FACT #6: Singaporeans earn the lowest interest rates on our CPF as compared to the other countries.
FACT #7: Singaporeans earn the lowest CPF returns because we start off on a lower base – we earn the lowest wages.
FACT #8: Our CPF of $230 billion has helped to earn $1 trillion.

http://thehearttruths.com/2013/11/07/top-8-shocking-facts-about-the-singapore-cpf/

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