Facebook post by Leong Sze Hian: 2.9m CPF Members have less than $150,000 (Regrossed)?

(ZaoBao Jul 12) "400,000 CPF Members have at lease $500,000" (English translation) (Front Page Headlines 3/4 Page)


Active CPF Members' by Regrossed Balances as at end of year (2018)


33,120 Below 1,000 

16,610 From 1,000 to below 2,000

14,060 From 2,000 to below 3,000

12,000 From 3,000 to below 4,000

10,920 From 4,000 to below 5,000

10,140 From 5,000 to below 6,000

9,630 From 6,000 to below 7,000

8.900 From 7,000 to below 8,000

8,730 From 8,000 to below 9,000

8,150 From 9,000 to below 10,000

71,370 From 10,000 to below 20,000

65,390 From 20,000 to below 30,000

62,660 From 30,000 to below 40,000

59,890 From 40,000 to below 50,000

59,620 From 50,000 to below 60,000

56,190 From 60,000 to below 70,000

54,270 From 70,000 to below 80,000

52,560 From 80,000 to below 90,000

51,390 From 90,000 to below 100,000

231,030 From 100,000 to below 150,000


885,490 Total below 150,000

https://data.gov.sg/dataset/number-of-active-cpf-members-by-regrossed-balances-age-group-as-at-end-of-year?resource_id=01826936-7d8d-4972-b2a4-406b0880cc3a


Active CPF Members 2,042,300

(At Year-end 2020)

https://stats.mom.gov.sg/iMAS.../mrsd_2021Yearbook.pdf


As the No. of CPF Members was 4,050,000 2020-Q4 - does it mean that about 2,007,700 (4,050,000 - 2,042,300) or 49.6% of CPF Members were "Inactive"?

https://data.gov.sg/.../number-of-all-active-cpf-members...


So, does it mean that about 2,893,190 (885,490 below 150,000 Active + 2,007,700 Inactive) of the total CPF Members (Active and Inactive), have less than $150,000? 


(Note: "Regrossed balances include amounts withdrawn under Investment, Education, Residential Properties, Non-Residential Properties and Public Housing Schemes"

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