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Higher CPF monthly salary ceiling, Special Account closure for those aged 55 and above, raised Enhanced Retirement Sum (ERS), higher contribution rates for seniors, and more. These are some of the ...
SINGAPORE: Singapore’s Central Provident Fund (CPF) Board has called on all foreigners who have previously contributed to the social security scheme to transfer out their savings following their ...
Singapore Around 720,000 CPF members have money in their Special Accounts that can be withdrawn: Tan See Leng Their accounts have a median withdrawable balance of about S$2,000.
Well, every month our CPF contributions allow us to put money away into the CPF Ordinary Account (OA) and CPF Special Account (SA). These go towards what’s called our “Retirement Sum” when we turn 55.
"Can I use CPF to buy condo in Singapore?" is a common question that pops up. While the answer is yes, learn 4 main reasons why you should not use CPF to buy a condo or an HDB flat.
Disclaimer: Opinions expressed below belong solely to the author. Mercer and CFA Institute have released their latest Global Pension Index for 2022, this year covering 44 countries (up by one from a ...
CPF members who invested their money in funds included under the Central Provident Fund Investment Scheme (CPFIS) received average returns of 3.4 per cent in the three months ended June 30.
The CPF Board was responding to a message that recently went viral on social media, claiming the Government had surreptitiously raised the payout age from 65 to 70.
SINGAPORE — Central Provident Fund (CPF) nominations can now be made online, making it more convenient and secure for members to authorise who would inherit their CPF savings.
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