CPF, also known as Central Provident Fund is an obligatory savings fund that the government has put in placed for all Singapore citizens and permanent residents. Every Singaporean’s CPF account ...
This article was first published on November 13, 2019 and updated to reflect changes to the maximum payout age under the CPF Retirement Sum Scheme from 95 to 90. This will apply to all CPF members who ...
It would be the first bank to formally recognise CPF LIFE payouts as income when assessing credit card applications. Seniors aged 65 and above can apply for any DBS or POSB credit card using their CPF ...
Elderly Singaporeans opting into the CPF LIFE scheme in 2013 will have to choose from two plans instead of the current four, which offers different levels of payout and bequests. The refinement to the ...
If you’ve been confused, frustrated, annoyed or even alarmed by how Singaporeans are made to work all the way till they’re 70, without even letting us have our money back, there’s a slight chance you ...
Singaporeans are living longer and healthier. Many of us now see retirement as a new life stage where we can spend more time on our passions and hobbies. The pandemic has made many of us realise the ...
SINGAPORE - We all know that the Central Provident Fund (CPF) is a national retirement scheme but many people still have some doubts about its efficiency and prefer to focus on the ways it prevents ...
Due to recent events, the Central Provident Fund (CPF) has become an emotional topic, and I applaud the Manpower Minister for setting out the facts (“CPF ensures peace of mind during retirement: Chuan ...
SINGAPORE: Median Central Provident Fund (CPF) payouts grew about 25 per cent from 2019 to 2021, on the back of higher incomes, stronger labour force participation and enhancements to the CPF system.
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