ElderShield: KS, opacity at work

In CPF on 18/10/2017 at 5:54 am

There’s a big reduction in the premium for the my ElderShield renewal premium for 2017- 2018.

My usual premium is slightly more than $200, but I’m paying only $31 this time only because “ElderShield claims have been lower in the last 5 years of the scheme.”

What this means is that ElderShield people were too conservative in their projections. Btw, no other details given.

Reminds me of CPF Life. Kia sumism and opacity at work.

Will PM, tonite, give peace of mind on CPF Life Standard?

CPF Life payouts: Why liddat?/ Save and save



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