Major CPF policy shift on the way

[yeokiwi]

Hi yeokiwi,

The calculations of EPF is a bit wrong because the assumption made is putting $10,000 in CPF and EPF in their local currency. A more appropriate method will be putting SG $10,000 in CPF and RM $16,500 in EPF respectively in 1992, based on RM1.65 = 1 SGD in 1992. Subsequently, we tabulate how much will the amount be in 2012. Do note in their report, for some time periods, the annual returns are the same therefore it is reported under the same row. So in 1992 to 1994, the annual return reported has to be multiplied three times

Thanks for the correction
In terms of return, it turned out to be about the same.