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Tag Archives: cpf

CPF members can now check their balance in four different languages

Starting now, Singaporeans will have the convenience to access their Central Provident Fund (CPF) balances in the Republic's four main languages: English, Malay, Chinese, and Tamil. Upon a successful log-in process and arrival on the "My CPF Homepage," users will be able to see a box stating "[TRIAL]: Translated CPF Information". Once users click the "Start" button, tabs for each of the four languages …

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Why not just create a more open and transparent CPF?

The Central Provident Fund (CPF) which was set up ostensibly as a safeguard for retirement has proven to be a minefield. Not only do its rules keep changing, but new schemes have been added and removed so frequently that it is beginning to resemble a Haribo pick and mix -  you won't know which flavour you are going to get …

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What happens to the interest of those who choose their CPF Life plan at 55? Will actuarial report for CPF Life be ever made public?

Financial commentator and former banker Chris Kuan recently wrote on his Facebook page, "Enough of the PAP, onto the cybernutocracy. Top alt media financial blogger asked "Do you know that CPF Life eats up all you accumulated interest if you die early?" Geronimo, what a freaking revelation!" For those who are unaware, Chris is referring to the post by Leong Sze Hian which …

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Why are there so many “unknown” controversial CPF policies and how many more unknown?

I refer to the Central Provident Fund board’s reply “CPF Board procedures on disclosing dead members’ details” to the letters from: Mr Neo Lin Chen (Unable to access CPF statement, June 1; and Having procedures doesn’t mean error-free execution, June 8), Ms Margaret Lee (Transparency, accountability needed when handling CPF money; Forum Online, June 6) and, Mr Young Pak Nang (Will …

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RETURN MY CPF! – The trouble with choice

By Chris Kuan In today's post, I like to delve further into the retirement proposition in respond to my old friend, the ex-TRE editor Richard Wan whose comment on my timeline was reposted by TOC. Richard wrote (truncated), "Chris, I think the key here is freedom of choice by the individuals and having each citizen taking responsibility of their own …

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Cost of living, CPF, immigration key concerns of Singaporeans: SDA

By Howard Lee Cost of living, high cost of healthcare, immigration and retirement funds remain key issues that matter to Singaporeans this general election, and the Singapore Democratic Alliance intends to bring these issue up for debate in Parliament should they be elected as Members of Parliament for Pasir Ris-Punggol GRC, promised party member at an election rally last night …

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10 reasons why CPF savings are unquestionably your money

Nominated Member of Parliament Chia Yong Yong has ruffled some feathers with her remarks in Parliament - where she said she is "not entirely sure" if Singaporeans' Central Provident Fund (CPF) savings belong to Singaporeans, or that they are "private money". Lest there be any doubt that CPF monies are indeed Singaporeans' or CPF members' money, here are 10 reasons …

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4 things that CPF fails at

By Marcus Chua, DollarsAndSense DollarsAndSense recently attended one of the focus group discussions held by the Central Provident Fund (CPF) to understand the scheme better. We noticed four recurring themes that kept coming up during the discussion, and have summarised them with the acronym “UPCC” for a truly Singaporean reading experience. U – Understanding Singaporeans P – Predictability C – Clarity C – …

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