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The Government has accepted the recommendations by the CPF Advisory Panel on the CPF Term of Reference 3 & 4. Below is the response from Ms Cham Hui Fong, Assistant Secretary-General of NTUC.
“The Labour Movement is happy that the Government has accepted the CPF Advisory Panel’s recommendations that are in line with our call to provide members with more options and flexibility in managing their CPF savings to better meet individuals’ retirement needs. We urge the Government to ensure that proper public education and advisory services are made available to all so that members can make informed choices which best meet their needs.”