Wharton Pension Research Council Working Papers

Document Type

Working Paper

Date of this Version



Rising elderly life expectancies imply the need for more saving throughout the Asia-Pacific region. This paper investigates the role of recent changes in the investment offerings of the Singaporean Central Provident Fund (CPF) in this process. Our research explores investment patterns of CPF participants and comments on alternative paths for retirement system redesign.

Working Paper Number


Copyright/Permission Statement

© 2006 Koh, Mitchell, and Tanuwidjaja.


All opinions are solely those of the authors who acknowledge research support from by the Wharton-SMU Research Center at Singapore Management University, and the Pension Research Council at The Wharton School of the University of Pennsylvania. Without implicating them, we acknowledge helpful assistance and advice from Margaret Lim, Hwee Beng Ong, Celine Tan, and Mark Wong

Included in

Economics Commons



Date Posted: 28 August 2019