From The Straits Times, Jan 31 2008
It also wants Singaporeans to have a say in when they want to get their annuity payout.
By Li Xueying
SINGAPOREANS’ objections to an upcoming compulsory scheme for old-age support will be largely addressed in the recommendations of a committee tasked to design it.
It is suggesting to the Government that the annuity plan be made more flexible and to allow for refunds.