CENTRAL Provident Fund members will continue to receive 2.5 per cent a year interest on savings in their Ordinary Account for the first three months of next year. The CPF board said yesterday the interest rate as derived from those of the major local banks from August to October this year worked out to 0.42 per

... translated into policy and a higher minimum sum in your CPF. However, that only addresses the economic aspect of "the times ... allowances for myself. I think there can be more tweaking and personalising that can be done, so that the different people can at least have some needs met. Of course, CPF is not the only issue, but it would be great if people are given more choices. After all, the PAP ...

... the income may be less, with the release of the savings that they have accumulated over the years in the CPF account they ought to be able to provide for their living expenses. In such circumstances, the ... the people in Singapore, particularly Singaporeans of my generation, will have savings in their CPF, moreover, this money is still in the hand of the Government subjecting to manipulation. From ...

... depend on financing your home property loan using your CPF OA, do you know that you might be hit with a scenario where you can’t use your OA ... Note that if you refinance your housing loan, the prevailing CPF withdrawal limit will apply to your new loan. Depending ... Limit (AHWL). Obviously, the Valuation Limit will be hit before the CPF withdrawal limit is hit. It can also be reached in the early ...

... the National Longevity Insurance Committee which introduced the CPF Life annuity scheme, said Mercer did not consider special features of the system here. It appears they overlooked the fact that the CPF is designed to meet housing and health-care needs, ... in meeting the retirement needs of its members. ‘MOM and CPF Board will continue to benchmark itself to global practices,’ ...

... public housing so there is no need to discuss this further. Singaporeans are uncertain if CPF Life is enough for retirement because they don't guarantee the payout ... account inflation. The PAP govt locks up our CPF money giving us a fixed rate of 2.5 ... average return of roughly 6% most of which it keeps as reserves. Is CPF Life sufficient? It is just another tweak to a scheme with fundamental ...