A representative for the Ministry of Manpower (MOM) pointed to the fact that the Government sends annual reminder letters to Central Provident Fund (CPF) members after they turn 65, as he defended the contentious CPF payout mechanism. MOM Divisional Director Sim Feng-Ji made this point in a forum letter as he replied to two forum … Continue reading Govt says there’s no need to revise CPF payout mechanism as they send yearly reminder letters