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CPF ranks world's top 10 but drop in grades, why?
An honorable member of the Coffee Shop Has Just Posted the Following:
Singapore received a ‘C+’ grade for its retirement savings system in an Australian index published on Oct 19. The Melbourne Mercer Global Pension Index ranked 25 countries on the adequacy, sustainability and integrity of their retirement plans. Singapore came in 10th place racking up a score of 64.7 out of 100 — down from 65.9 last year. We dropped from a B to a C+. Grade-conscious Singapore got a bad grade… WE ARE DOOMED. http://mustsharenews.com/cpf-ranks-10-in-mercer-index/ Click here to view the whole thread at www.sammyboy.com. |
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