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The FRS is adjusted by the CPF Board annually and will depend on the year you turn 55 and is fixed for the rest of your life. For example, for those turning 55 in 2023, the FRS is S$198,800 and will ...
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MoneySmart on MSNCPF Basic, Full & Enhanced Retirement Sum: Updates & Policy Changes That You Should Know About in 2024Hence, it’s also why the government would set up decades in advance the Central Provident Fund (CPF) to assure we have ...
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