Comparative study between CPF board and life annuities as investment vehicles for CPF minimum sum.

The Central Provident Fund (CPF) is a mandatory direct contributions plan managed by the Singapore government to provide financial security for Singaporeans during their retirement. This study compares the returns between CPF Board and life annuities to determine which will yield higher money’s wort...

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Bibliographic Details
Main Authors: Tan, Siang Wei., Tay, Cheng Wan., Teo, Zhenjie.
Other Authors: Yee, Wah Chin
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/10164
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Institution: Nanyang Technological University
Description
Summary:The Central Provident Fund (CPF) is a mandatory direct contributions plan managed by the Singapore government to provide financial security for Singaporeans during their retirement. This study compares the returns between CPF Board and life annuities to determine which will yield higher money’s worth for monthly payouts and death benefits with respect to retirees investing their Minimum Sum.