Gabriel Tham

Tag Team Member at Kenichi Tag Team

12 Jun 2019

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In a hypothetical situation, if everyone withdraws all their CPF today, will CPF have enough cash or liquidity for that?

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Chris Chin

12 Jun 2019

Senior Supply Chain at Mnc

Nope, CPF don't have so much cash or liquidity, as they need to commit the funds to low risk investments, financial instruments and money markets to pay you the CPF interest.
However, that is not a problem, as they can always issue virtual credits or Govt guaranteed IOU to account holders to use in daily transactions.

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Charmaine Ng

12 Jun 2019

The Value Maximizer at @ Every Ma La Xiang Guo Stall

Nope. Given that CPF money are invested into other monetary instruments; it can be safe to say that if today there is a panic and everyone rushes to withdraw their cpf then we will see the situation whereby CPF may be empty.

It will also affect other financial institutions that have CPF investments.. since CPF would want to liquidate some of the investments to either put back into CPF as emergency (assuming emergency would be used up which is highly plausible if everyone withdraws) so on and so forth.

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Lee Jiahui

12 Jun 2019

Maybe we should qualify it is everyone eligible to withdraw all their cpf.

2 groups :
1. Those who ...

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