If you read the papers and local news, you will see the objective headlines:
"CPF Life annuity scheme to be 'fair and flexible'"
"Get a pay cheque for life, with 'CPF Life'"
"CPF Life - Making choices for life"
"Couple say CPF Life is fair, applaud flexibility to choose income payout age"
S'poreans are living longer
Headlines you won't see:
CPF Life annuity scheme: Sorry, it's still compulsory for most of you
CPF Life: So many options you will be too confused to remember it's still compulsory
Poor people won't live long, exempted from CPF Life
CPF Life: New name, same game
Bet your death with CPF Life: refund at age 65, 70, 75, 80, 85 or 90
CPF Life: because The House Always Wins
Also interesting is the evolution of the name:
Compulsory Annuity Scheme -> National Longevity Insurance Scheme -> National Life-long Income Scheme
Hey! How about calling it National Give Us Back Our Own Money You Assholes Scheme? That's a catchy name.
Strangely, the report stated:
"Manpower Minister Ng Heng Hen is expected to announce an incentive scheme on Wednesday, to encourage more to opt-into the longevity scheme."
But in the midst of the gushing coverage in the newspapers, tucked away in some quiet corner of a page:
5) Is it compulsory?
Yes, it is compulsory unless you are exempted.
Allowing people to opt out would have an adverse impact on this national scheme, and make it less viable.
But of course, we must not use "Compulsory" in any other part of the reports. We don't want people to get the wrong idea, you know. Anyway, there is such a thing as Compulsory Opt-in in Singapore mah.