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CPF: Should Older Workers’ Contribution Rates be Increased?

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A new policy brief from the Institute of Policy Studies (IPS) recommends that older workers here aged 55 to 65 should increase their CPF contribution rates to ensure they have enough for retirement. Christopher Gee, Senior Research Fellow Head, Governance & Economy, Institute of Policy Studies and Tan Siak Lim, Director, Financial Advisory Group, Financial Alliance shares more about it and how can one prepare for retirement without relying entirely on their CPF.

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