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CPF Life: The complete guide to payouts, plans & minimum sums in 2022

If youโ€™re in your 30s like I am, retiring in Singapore is the stuff of nightmares. By the time our retirement rolls around, the old folks selling cheap hawker food and kopi will be long dead and gone. What will life be like then? And how can we hope to afford it? So itโ€™s really important for us to understand...
West Malaysia Malaysia General Edward Cullen Online Services Central Provident Fund Kusum Scheme

Here's why the basic retirement sum isn't something Singaporeans should be worrying about

Depending on who you believe, you may think our CPF savings are like Russia. You know it's there, I know it's there. But very few Singaporeans have actually travelled there and experienced it first-hand. Unlike Moscow, however, most Singaporeans actually want to see their CPF again. And thanks to certain people spouting some weird promises about CPF reforms, many Singaporeans...
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Budget 2022: CPF Basic Retirement Sum to be raised by 3.5% per year from 2023 to 2027

SINGAPORE - The Central Provident Fund (CPF) Basic Retirement Sum will be raised by 3.5 per cent per year for the next five cohorts of CPF members turning 55 from 2023 to 2027. This is to provide them with higher monthly CPF payouts in their retirement years, given the rising standards of living, Finance Minister Lawrence Wong said during his...
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How to maximise your parents' CPF

Apart from reading, singing, and plodding up muddy trails, Grace enjoys scribbling notes and thinking up a storm. She is particularly interested in community support for the special needs population, and learning and education. As born and bred Singaporeans or Permanent Residents (PRs), many โ€“ if not all of us โ€“ have heard of the Central Provident Fund, otherwise known...
Central Provident Fund Permanent Residents Ordinary Account Special Account Medishield Life Retirement Account

8 key changes to take note of in the new year

Singapore News - As Singapore ushers in the new year, here are eight key changes to take note of in 2022: 1. Back to the office, subject to vaccination measures From Jan 1, Singapore will ease its default work-from-home stance and allow 50 per cent of those who can work from... Read more at www.tnp.sg
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