#HearMeOut
Skip Navigation Links
Home
Profile
Latest
Search
Social Media
Guide
24 Oct 2019
(368 Views)
[x]
Central Provident Fund
Unclaimed monies: CPF Board could be more proactive
More can be done to encourage people to nominate the beneficiaries of their Central Provident Fund (CPF) savings.
Perhaps retirees could be recruited to go door to door to speak to CPF members and explain the benefits of nominating beneficiaries and how to go about the process (Unclaimed CPF monies grow to over $200m, Oct 21).
The seniors can be paid for each visit as an incentive.
As the custodian of our savings, the CPF Board should do all it can to ensure that the money does not lie unclaimed when a CPF member dies. The board could be more proactive - that is the socially responsible thing to do.
Mayur Vora
Source:
https://www.straitstimes.com/forum/letters-in-print/unclaimed-monies-cpf-board-could-be-more-proactive
View PDF
Add Comment
Add a comment
Email
Comment
QR Code