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Economics

CPF raises Special and MediSave Account interest rate to 4.01% for Q3 2023, while Malaysia’s EPF declared dividend rate of 5.35% for 2022

SINGAPORE — In a joint statement issued on Monday (29 May), The Central Provident Fund (CPF) and the Housing and…
Comments

82-year-old elderly spends a year living at HDB void deck bench; netizens offer assistance

Millennials of SG (MOSG), a Singapore social media site, recently interviewed an 82-year-old elderly who had to live on a…
Parliament

Singapore CPF Board to remind members to review beneficiaries upon divorce

The Minister for Manpower, Dr Tan See Leng, recently addressed Singapore Parliament on the issue of the Central Provident Fund…
Current Affairs

Straits Times showcases retiree who has $1.6m in CPF and advises refunding money taken from CPF for home loans

The Straits Times (ST) published an article today describing how a retiree is able to save over $1.6 million in…
Finance

WP MP Louis Chua encourages public to ensure their CPF nomination is in order, following recent encounter with a case which didn’t

While the minimum S$15 fee for administrative costs imposed in processing un-nominated Central Provident Fund (CPF) monies is understandable, it…
Current Affairs

400K Singaporeans between age 55 to 70 don’t have enough in CPF to meet Basic Retirement Sum

In an article published by the Straits Times on Sunday (‘8 money problems that worry S’poreans most‘, 21 Mar), it…
Labour

Increase in CPF contribution rates should not be delayed any further, says NTUC’s Heng Chee How

The planned increase in Central Provident Fund (CPF) contribution rates should not be delayed any further as the Government would…
Community

WP’s Kenneth Foo, Nicole Seah speak about CPF Medisave with senior citizen in Bedok

The Workers’ Party (WP) members Kenneth Foo and Nicole Seah spoke to many residents from all parts of Singapore during…
Community

WP’s Jamus Lim talks about CPF savings with three-generation family in Anchorvale

The Workers’ Party (WP) Member of Parliament (MP) for Sengkang GRC Jamus Lim came across a family represented by three…