Higher CPF interest rate would help resolve ‘inadequate retirement savings problem’ — Lee Hsien Yang agrees with Yeoh Lam Keong, ex-GIC chief economist

Former GIC chief economist Yeoh Lam Keong voiced his disagreement in a Facebook post to an Aug 2 (Tuesday) speech in Parliament by Manpower Minister Tan See Leng regarding Central Provident Fund (CPF) interest rates. The minister said that CPF members earn higher interest rates on their savings than local banks and securities since the … Continue reading Higher CPF interest rate would help resolve ‘inadequate retirement savings problem’ — Lee Hsien Yang agrees with Yeoh Lam Keong, ex-GIC chief economist