Singapore, Hong Kong and Inadequate Pension Plans
Photo by Derrick Chang
Singapore’s latest adjustments to its Central Provident Fund (CPF) scheme, announced on August 9, the island republic’s National Day, make for dire reading on two accounts.
First, having been forced to save so much for so long, so many Singaporeans are as yet ill-prepared for rapidly approaching retirement. Second, other rapidly agi…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.