YIP, PAUL S. L.; TAN, K. C. - In: The Singapore Economic Review (SER) 53 (2008) 02, pp. 245-259
This policy note finds that the ageing of the population in Singapore will cause a reversal of the current net Central Provident Fund (CPF) contribution into a substantial net CPF withdrawal from 2025, with a peak occurring at 2035. The result is qualitatively robust to changes in the underlying...