MPs offer ideas to improve CPF

[specuvestor]

^^ Interesting idea but a political unfeasible and thankless one. There is high reputational & political risk if returns for a year become say <2.5% when "voters" forget to look over 10 years.

Pegging CPF returns to inflation indexed bonds could be a good idea as well. In times of high inflation government budget would also feel the pinch from higher interest cost.

Inderjit again hit the nail on its head. Unconventional but right view IMHO... as we discussed in other threads. I wonder if Goh responded because it is a direct challenge to his 1996(7?) landmark speech to Chiam.

Ang Mo Kio GRC MP Inderjit Singh called for caution against overly emphasising the role of the home in providing for retirement adequacy.

"To achieve this goal of a home being a source of retirement funding, asset appreciation would be beneficial. However, the appreciation of housing prices can cause serious anxiety among the young who are looking to settle down and start a family," he wrote in a speech posted on his Facebook page yesterday.

"Even though my home price has increased constantly over the years, I am not any richer till I dispose of my property. But in that instance, I would have to purchase a replacement home, which would of course be more expensive. Constantly increasing property prices, in my opinion, are not a good thing for our country," he said.