The CPF scheme has undergone several changes to stay relevant as the population ages and life expectancies continue to increase. The CPF Lifelong Income for the Elderly (CPF Life) is one that the government has introduced to help Singaporeans to have a monthly pay-out for as long as we live. 

In view of aligning our staff with such developments, the Bank recently organized a lunch-time talk for its employees. It was an interesting and engaging session as the financial planners shared various Plans of the scheme to the staff. Questions such as "What if I do not choose my CPF Life plan", "How much of my savings to use for CPF Life", were tossed, discussed and clarified. 

It was a meaningful and informative session as the attendees gained a better picture of the scheme.