My Grab driver and I were discussing about CPF. He equated CPF to a Ponzi Scheme, saying that the payouts the older generation got came from the CPF contributed from the next generation. Any thoughts?

Nope not ponzi scheme. It’s a retirement scheme haha.

ponzi schemes require you to keep contributing and recruiting downlines to get more sales people with no real product.

our cpf funds are invested through temasek and GIC. And here’s the thing. The money you see on your cpf login is REAL.

my dad passed away earlier this year. My mum recieved a 6 digit cheque from cpf basically his CPF savings. And she now doesnt know where to put this money which has similar safe and high returns at around 2.5 to 5 percent.

food for thought! But good question.

Well it's not like Social Security...that's very much the exact structure he was talking about and pretty much a Ponzi Scheme...

it's understandable where he's coming from, though - but it doesn't make it true. There's a world of difference between it being invested safely and the measures in place to make sure its not a Ponzi scheme compared to the actual thing.