OlympicsSingapore
Feb 13, 2008
Most would opt for CPF Life scheme payouts from age 80
The range of options offered by the impending CPF Life scheme may be dizzying for some, but to Manpower Minister Ng Eng Hen, the reality is "simpler than what it's made out to be".
In fact, come 2013 when the scheme starts, he believes "70 to 80 per cent" of eligible CPF members would choose the default plan of starting their payouts at age 80.
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