Thursday, August 23, 2007

Consider Big Picture When Looking At CPF Changes: Dr Yaacob

Source : Channel NewsAsia, 22 August 2007

SINGAPORE : Consider the big picture when you're looking at the changes being made to your CPF. This was the appeal made by the Environment and Water Resources Minister, Dr Yaacob Ibrahim.

He said issues related to the CPF are sensitive but the changes have to be implemented for the good of the country.

Dr Yaacob, who is also the Minister-in-Charge of Muslim Affairs, was speaking at a dialogue session which discussed the announcements made at the National Day Rally speech.

This closed-door dialogue held on Aug 21 is the first of five being held by Malay Members of Parliament for the Muslim community.

The event was attended by over 200 grassroots leaders and representatives from Malay/Muslim organisations in the western parts of Singapore.

A lot of attention was focused on changes to the CPF rates and why the government needs to raise the minimum sum draw-down age progressively from 62 to 65.

"I appeal to them to understand the bigger picture, why it is necessary to do this in view of the challenging problems of the ageing society and the income divide. Perhaps more time will be needed for them to understand the implication, so I also appeal to them to wait for the ministerial statement by (Minister for Manpower) Mr Ng Eng Hen," said Dr Yaacob.

Dr Yaacob said he understands that anything to do with the CPF is sensitive because it affects almost everyone.

For Muslims, many look to their CPF withdrawal so as to use the money to perform their Haj.

Another topic discussed at the dialogue was the inclusion of Muslims in the Human Organ Transplant Act.

Dr Yaacob's assessment is that most participants support the move to have Muslims opt out of the scheme, instead of the current practice of opting in.

To clarify the matter, the minister revealed that the Islamic Religious Council of Singapore (MUIS) will work with the Health Ministry on a campaign that will begin on August 29.

There will be booklets and roadshows to explain to Muslims, in detail, what it means to amend the Act and how this will affect the Muslim community. - CNA /ls

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