The CPF Minimum Sum (MS)

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An honorable member of the Coffee Shop Has Just Posted the Following:

Just went into the website of CPF and noted on this.

Understand
How much is the Minimum Sum (MS)?

The MS was set at $80,000 in 2003 and is being raised gradually until it reaches $120,000 (in 2003 dollars) in 2015. The MS will be adjusted yearly for inflation.



55th birthday on or after MS
(in 2003 dollars) MS
(after adjustment for inflation)
1 July 2003 $80,000 $80,000
1 July 2004 $84,000 $84,500
1 July 2005 $88,000 $90,000
1 July 2006 $92,000 $94,600
1 July 2007 $96,000 $99,600
1 July 2008 $100,000 $106,000
1 July 2009 $104,000 $117,000
1 July 2010 $108,000 $123,000
1 July 2011 $112,000 $131,000
1 July 2012 $113,000 $139,000
1 July 2013 $115,000 $148,000
1 July 2014 $117,500 $155,000
1 July 2015 $120,000 To be announced

With the assumption of by 2015 the MS is 170K (120k value at 2003 prices)
Since the 120k value at 2003 prices will be reached by 2015, will the interest payable by CPF board be sufficient to offset inflation in the coming years?
Interestingly, 2016, will be the next GE, is it a coincidence that 2015 is the cut off?.


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