![Retirement schemes worldwide Retirement schemes worldwide](/sites/economics.smu.edu.sg/files/news/soenews2_80_0.jpg)
In his weekly commentary, SMU Adjunct Faculty Larry Haverkamp wrote about CPF Life and its various features, including longevity insurance and how the CPF contributions and withdrawals are tax-free. Prof Haverkamp also compared CPF Life with retirement schemes and pension funds in Malaysia, China, Australia and the USA.