If you wish to migrate to New Zealand - DON'T. When you live and work and pay taxes in NZ for at least 10 years, you will be entitled to receive a pension when you attain 65 years of age. However, the Chief Executive of the NZ Ministry of Social Development ruled that the CPF is a Pension Fund although it is actually from your contributions and your employer's contributions. He actually conveniently believed the PAP propaganda that Singapore has an excellent social security pension fund called the CPF! Would you not think that a person heading a large government department and paid a couple of hundred thousand dollars a year have more common sense, honesty and justice? NZ has a similar CPF fund called a Kiwisaver, also contributed from the employer and employee - BUT, it is voluntary and not compulsory. This Chief Executive ruled that the Kiwisaver monies are not deductible from the NZ Pension payments but the CPF is so that he could reduce the superannuation budget and score points with the current government whose Prime Minister, Mr John Key, had worked in Merrill Lynch in Singapore in 1995 and collected his CPF monies before he left Singapore for Merrill Lynch London. Therefore, a Singaporean who has already been cheated ONCE by the PAP government which allowed foreigners to withdraw their CPF except their own citizens (which is contrary to the Human Rights Act i.e. discrimination against nationality) - and now the Singaporean is cheated again another time by this Chief Executive of the NZ Ministry of Social Development, which is also contrary to the Human Rights Act (discrimination against Singaporeans whose life-time of compulsory savings have been hijacked by the PAP). The Immigration brochures from the NZ Embassy has the slogan to entice qualified immigrants that states, "NZ the right choice"- is it really?