Thursday, February 17, 2011

Reflections

I think that the CPF provident fund is a very good thing for the retired employees and it is good that it is a compulsory saving scheme for all employees.I think that way as the three accounts in this fund is really efficient as firstly,the Special Account are for retirement,emergency and investment purposes.Secondly it would be the Medisave Account to cover up for the expensive medical costs when injuries occur.This is extremely important as health is important and lives are priceless.Overall I think the fund is a very essential thing for employees,especially those who are retired can get a good advantage over this fund.

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