According to AsiaOneNews: MOST Singaporeans believe that they would not have enough Central Provident Fund (CPF) savings for retirement and, many also do not have a plan to reach their savings goals, a survey by AXA Life Insurance Singapore found. The insurer conducted an online poll this month involving 100 participants between 18 and 45 [...]
AsiaOne News: THE Minimum Sum (MS) for Central Provident Fund members who turn 55 from July 1 will be raised to $106,000 – from the current $99,600, the CPB Board announced on Monday, along with other changes to the Medisave contributions and withdrawal rule. This means that CPF members who turn 55 from July 1 [...]
According to WORKERS aged 50 and below are set to get a steady retirement income for life under a new annuities scheme to be run by the Central Provident Fund Board. They will have 12 types of annuity plans to choose from, and can decide whether to start their payouts as early as age 65 [...]