05
March
2015
|
18:20
Asia/Singapore

Ho Kwon Ping proposes 'CPF-Plus'

Mr Ho Kwon Ping, the first S R Nathan Fellow for the Study of Singapore from the Institute of Policy Studies at NUS, pointed out that the Central Provident Fund (CPF) needs a "bold and audacious" revamp to meet future retirement needs and proposed a "CPF-Plus", under which the Government would top up people's accounts to ensure a "minimally reasonable" quality of post-retirement life.