C'Mon !! Stop treating us like small Kids and keep getting our Hard earn money LOCKED!! And implementing rules which are compulsory or need to OPT-OUT!!
First COMPULSORY CPF, where we can only draw out portion of the money based on condition met when we reached 62,
Next, COMPULSORY ORGAN Donation when you die, unless you "OPT-OUT"
Next, COMPULSORY HIV checks in Hospital, unless you "OPT-OUT"
Now we need to put our money into Annuity which is going to be compulsory, and can only withdraw when reached 80 or 85 years OLD, how many percentage of people will live to that old age?
? Even if you do live to that age, WHAT ELSE CAN YOU DO WITH THAT MONEY?? (It will only goes back to govenement by footing your hospital or clinical bill !)
The issue here is, no matter how small the amount is or No matter how good the idea is, NO !!! Never made it COMPULSORY!!!
This is against our wish!! We should be able to make our own choice! Should Never made it COMPULSORY!!