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SgForums :: Singapore's Online Community - CPF minimum sum to be ...
CPF Board said the increase in minimum sum, which includes an adjustment for inflation, is to ensure that Singaporeans set aside sufficient savings for their retirement. Members who can set aside the MS fully in cash can ...
CPF minimum sum to be raised to $131,000
SINGAPORE - The CPF minimum sum will be revised upwards to $131,000 from the previous $123,000 from July 1, announced the Ministry of Manpower (MOM) in a statement on Tuesday.
CPF Board - Members - Home - my CPF 2
Press Release on Changes in CPF Minimum Sum, Medisave Minimum Sum and Medisave ... CPF Interest Rate for Ordinary Account from 1 Jul 2011 to 30 Sep 2011 ...
CPF Board - Contact Us - my CPF 1
May 4, 2011 ... Know the CPF contribution rates. Know more about CPF Minimum ...
Just known from BBCNews, Britain has 6m people in households getting their welfare assistance. What to do ??? ?
They are all putting out their hands for money but not require to help or contribute some kind of services to the society or the National Output to make the Nation Richer in Kind & in Action.
Why ...now than they realize the Bad Situation?
Why Spore saw this in the 50s and workout a solution to cope up with the MUST-DO situation by starting a CPF Scheme in Singapore (Compulsory Saving of worker by 20% of salary & employer contributes 20% i.e. total of 40% to save for the medical care & purchase fund of HDB Flat). There is a co-payment system in using the fund to last till old age by creating a self pension fund in annuity.
Check on the Model City for details on CPF Board in Singapore.
No one has any idea to do something in this matter. The Minister is talking about doing training & retraining to get them ready for job to keep themselves useful to society and the Nation at this needed time for recovery.
What happen to the first answerer, disappeared.
Are the British people too shy to comment on the Govt action.? Others please give them some indication to the change soon.
What happen to the first answerer, disappeared.
Are the British people too shy to comment on the Govt action.? Others please give them some indication to the change soon.
The 1st answer in will win the score of 10.
Answer: People are basically lazy and a free handout will keep them lazy. Make em work for their welfare!
Category: Civic Participation
PAP Transformation Series – 13 suggestions to transform the CPF ...
Can Government publish the audited Financial statement of CPF board for all the CPF accounts' owners to have a good understanding on the health stage of our hard earned money !!! silveryear 23 May 2011 ...
New amendments on Womens Charter start from June 1
MCYS will implement most of the changes which were passed in Parliament in January 2011 on June 1 and the rest from September 1. -AsiaOne
Church Pension Group : CPF Board Determines No COLA Increase ...
The Board also determined that the one-time special supplement payment we made last year ... helps you better understand the reasons for the CPF Boards decision. ...
Central Provident Fund - Wikipedia, the free encyclopedia
It is administered by the Central Provident Fund Board, a statutory board ... CPF Building, headquarters of the CPF Board, is located on Robinson Road. ...
CPF Board - Members - Home - my CPF 1
The Central Provident Fund is a social security savings plan for citizens old age. CPF board webpage featuring online services and calculations; ...
Central Provident Fund - Wikipedia, the free encyclopedia
CPF Building, headquarters of the CPF Board, is located on Robinson Road. ... CPF Board, monthly income shall be given till the CPF Minimum Sum is exhausted. ...
CPF Board - Ask Us - Explore FAQ
Your CPF savings will be distributed to your family in the following manner as shown here. ... The Board will transfer the deceased members savings in his/her ...
CPF Board - Member General Information Menu - my CPF 1
Know more about CPF services on AXS. Subscribe to CPF mobile services : ... CPF Schemes & Services. CPF LIFE. Workfare Income Supplement Scheme ...
CPF minimum sum to be revised upwards to S$131,000
SINGAPORE: From July, the prevailing CPF minimum sum (MS) will be revised upwards to S$131,000, up from S$123,000. The CPF Board said the new MS will apply to members who turn 55 from July 1 2011 to June 30 2012.
Preserving The View From the Moraine’s Whiskey Hill
Southampton Trails Preservation Society — Save the view from Whiskey Hill By Courtney M. Holbrook Preservation is a loaded word. Whether the term calls for the salvation of an old building or the sanctity of traditional values, it can unite people across the country. But for the Southampton Trails Preservation Society (STPS), preservation means saving a great [...]
Cpf.gov.sg
Cpf gov sg SmartViper Statistics Mashups. Advanced keyword suggestions. Last updated on April 26 2011.
sportsnews24hr: CPF Minimum Sum
It was announced in August 2003, that the minimum sum would be raised gradually to reach S$120000 (in 2003 dollars) in 2013 CPF Board said the increase in minimum sum, which includes an adjustment for inflation, ...
Changes in Womens Charter to start in June
CHANGES made to the Womens Charter, to better protect women and their dependents awarded maintenance orders against defaulters, come into effect on June 1. To strengthen the current penalties such as recovering arrears through fines, imposing a third party order and jail term on defaulters, the amendments give the Courts power to order defaulters to set up a bankers guarantee against future ...
everythinguneedtoknowoninsurance: CPF Minimum Sum to be revised ...
in the same announcement by the cpf board, there is also another increase for the Medisave Minimum Sum which will also be raised to $36000, up from $34500 previously, whereby members will be able to withdraw their ...
CPF Board - Withdrawal Calculator
The CPF Withdrawal Calculator helps you project the amount you can withdraw upon ... Please enter your projected CPF balances when you reach age 55. ...
CPF Board | LinkedIn
Welcome to the company profile of CPF Board on LinkedIn.
Welcome to Charoen Pokphand Foods Public Company Limited and ...
As of Dec 31 ,2007, CPFs Board of Directors consists 15 members as follows: ... CPF at a Glance. Operations. Organization Structure. Subsidiaries ...
CPF Board - E-Services - my CPF 2
Feb 8, 2011 ... Know more about CPF interest rates. Request a SingPass ...
CPF Board Singapore | Facebook
CPF Board Singapore | Facebook. ... CPF Board Singapore joined Facebook. There are no more posts to show. Facebook © 2011 · English (US) ...
Employment Act in Singapore!?
Susie, a foreigner, worked for XYZ Pte Ltd about 2 years and obtained PR recently. She got a raised to $2K with effect from 1 Feb 2008 and which coincide of her getting her IC on the same month (which is on the 12 Feb 2008). She is now an Accounts Executive for XYZ Pte Ltd.
The situation here is that, from Susie’s understanding that since obtaining a PRship in this country, she will have to pay CPF with effect from the date she obtained her IC. As from her understanding with the CPF board, since she obtain her IC in the middle of the month, the CPF deduction will be effected from the 12 Feb 2008 onwards (which means it’s a prorated calculation).
My question is that:-
1) Since the CPF is calculated prorated, does this mean, her pay of $2K need to be prorated as well in order to get a net pay for the month of Feb 2008?
2) If the pay is to be calculated prorated in order to get the net pay for the month:-
(a) what is the correct formula to be used?
(b) does this means Susie does NOT entitle a paid public holiday for Chinese New Year in the month of February 2008? (which I believe it is a paid Public Holiday for the 1st day and 2nd day of CNY). If yes, please let me have an explanation as well.
Answer: A local lawyer is needed to figure that out!
Category: Law & Ethics
CPF Board - Employers - Home - my CPF 2
CPF Submission Number for New Employers · Refund of CPF Contributions Paid ...
CPF Minimum Sum Revised from $123000 to $131000
I read with interest the news about the revision to the CPF Minimum Sum. From 1 July 2011, the CPF Minimum Sum will be revised upwards from $123000t to $131000. This was announced by the CPF Board recently. The new.
do hiring companies actually check with the Ministry of Manpower for your employment history?
due to family concerns and pressure, i have worked full time in my relatives company for 2 years but i was not officially employed. my salary was more like an allowance. there was of course, no CPF contributions by the company. so does that mean that the Ministry of Manpower (MOM) will not have any record of my employment for the 2 years at my relatives company?
if so, can i still include my work experience for these 2 years into my resume? my relative said he can vouch for my employment there.
will hiring companies find out that MOM and CPF Board do not have these 2 years record and accuse me of lying then black-list me?
Answer: MOM what country is that in?, in US all the new company does is call the old company for verification.
Category: Other - Careers & Employment
how to check my employment history?
i forgot some of the names of my previous employers.
is there a way to check it out? im guessing if the Ministry of Manpower can provide me such info.?
or can the CPF board help?
Answer: Old tax records.
You kept them; right?
all my best.
......but yes, Manpower has your work history.
Category: Other - Careers & Employment
California Professional Firefighters - CPF Backs Pro ...
CPF Backs Pro-Firefighter Candidate in CalPERS Board Election Runoff ... CLICK HERE to download a fact sheet to post on your union bulletin board. ...
CPF Board - Contact Us - my CPF 1
Know more about CPF services on AXS. Subscribe to CPF mobile services : ... Directory (CPF) Last Updated on: Wednesday, May 04, 2011 at 6:39 PM ...
How does cpf work in Singapore?
1)What is a cpf, and whats the purpose of a cpf? why is it in place?
2)For an employer how does it work? how much must he contribute, does he contribute it with the employers salary, or does he contribute extra?
3)Must the employee contribute the same percentage as his employer?
4)How can you access your cpf?
If CPF cannot be withdrawed, then how did my friend pay for his tertiary education using his fathers
CPF. Worst still now the CPF board sends him a letter to inform him that he has to pay out $100 a month to return his dad’s CPF for what he used in his tertiary education. Why is this?
5)Why is it that, Only 4 major illness are covered under Medisave? (correct me if i’m wrong)
6)f I renounce my Singaporean citizenship,will I get all my CPF taxed or untaxed?
Answer: Check cpg.gov.sg for 1,2,3,4,6.
For 5, so you won't completely depend on your supposedly retirement savings for every illness/expenditure..
Category: Personal Finance
Where is my first yahoo email BONIKINGv@yahoo.com.sg ?
Upper case last indentified at CPF boards commputer. My second is bonikingv@yahoo.com.sg.
bonikingv
Answer: urs first id have been expired & u have forget the password
so u need to remember urs password
u can reopen the account
Category: Other - Yahoo! Mail
Obits
Jeanie "Jeanne" Blaisdell Freeman Boyer , 101, formerly of Riverside, died on April 14, 2011 at her home in Mayflower Place in West Yarmouth, Mass. Boyer was born on Feb. 15, 1910 to Margaret and Frank Blaisdell in Bangor, Maine.
CPF Board of Directors
A ten member Board of Directors governs CPF. The members of the APA California elect eight members to four-year terms. The APA California Vice President for ...
I lodge to Cpf board regarding my old company,since 2 year my boss never pay my cpf?
Answer: Find Ftp street and lodge a complaint regarding company and boss. State your complaint and then fly the flag with all the beautiful stars and sing the anthem and lie awake listening to the swallows and June bugs and tree frogs then limp to the water and stare at the rippled reflexion of a frustrated worker struggling to find his dignity in light of the waining moon.
Category: Government
Explore FAQ
This is CPF PAL-Internet, the website of the Central Provident Fund Board, Singapore.
Claims Processing Facility, Inc
The CPFs management works directly with the Trusts Executive Directors and Trusts Board of Trustees to ... The CPF is managed by an executive team with extensive financial, ...
CPF minimum sum to be raised to $131000 - AsiaOne ~ SG HOT BUZZ
The CPF board said that the revisions, which have been adjusted for inflation, are to ensure that Singaporeans have sufficient savings to meet their healthcare expenses. klim@sph.com.sg ...
More help for divorced women
These are some of the changes taking effect from tomorrow under the Womens Charter Amendment Act. -myp
Have Bank Unions Achieved anything for the members during the past three decades?
Initially, when Pension Scheme was introduced in Banks, some Unions misguided the employees asking them to go with the then existing CPF Scheme. Others who advocated Pension Scheme and asked members to opt for Pension wanted to see that those who did not take their advice never get a chance to opt again.
Options for Pension had to be exercised within a time frame stipulated in the draft Regulations. Three conditions were (1) Employees to surrender their CPF ( employers contribution ) to Pension Fund, (2) exercise an option within the set time frame (3) should have minimum qualifying service of 20 years. Final Regulations which the Government sanctioned in 1995 infused one more condition that in case any employee participated in a strike any time, his entire past service is liable to be forfeited at the option of Banks. Final Regulations also stipulated a fresh time frame for exercise of options. The Final and Draft had stated that "an option once exercised is final and irrevocable". There was no provision for revocation of an exercised option anywhere in the Regulations.
When the penal clause for forfeiture of service was infused, those who had opted in terms of draft Regulations wanted to quit the scheme and others who had not exercised options did not join. Majority of employees happened to be outside the ambit of Pension.
Banks, at the behest of IBA extended a chance to those who opted in response to draft Regulations to quit the scheme if they wanted to do so after publishing the final scheme which brought the penal clause. IBA had no authority to do so because the scheme was sanctioned by Central Government and adopted by Boards of Banks. They revoked the options of several employees illegally since Regulations contained no provision for revocation of an exercised option. The revocation was null and void.
Later, Unions could get the penal clause scrapped from the Regulations. This brought about a radical change in the Pension Scheme from the very inception. and vested a legal right to another option to those who could not exercise option when the penal clause existed in the Regulations. Unions did not ask for it and the deletion of the clause served no useful purpose. The social security benefit already given was lost for ever to those who could not opt.
Unions drove all victims to Courts spending hard earned money without giving any assistance. Appeals that went upto the level of Supreme Court were turned down by three judges bench comprising Justice B N Kripal, R C Lahoti and K G Balakrishnan closing the door for ever in 2001.
IBA and Government stood firm on their stand that no fresh option would be permitted. They were pleading want of financial muscles on the part of Banks The pertinent question that pops up here is "what they would have done if all employees had opted for Pension when it was initially offered? ". Unions remained mute spectators to everything and surrendered the already granted right of the employee which they lost through mal implementation of the scheme.
Banks played foul by not publishing among the employees the amendment to regulations scrapping the penal clause in February,1999 and kept it in camera against the usual practice of circulating all amendments among the target group before publishing in gazette and stating that it would have effect from the date of gazette publication. It was later casually circulated among the employees after a span of 43 months by which time several employees had retired through VRS.
Even as banks started making substantial profits on a progressive basis, banks are reluctant to grant Pension, an establishment expenditure.
Since Unions remained silent on Pension for about seven years from February, 1999, it became a stale item by 2005. Ultimately during the course of 8th Bipartite settlement in 2005, they made a total surrender of the right by agreeing with the IBA not to reopen the issue again. The door was finally closed.
When the profits banks make contribute to the exchequer for pat financing the Pension of the government staff, states men who serve a short term of two years in Assembly or Parliament and also for paying the Pension of teachers and non-teaching staff of private run educational institutions, the bank employee who contributes to such profits was ironically denied his Pension which the Courts have upheld as deferred wages. Banks which originate and function entirely on the premises of some law or other functioned illegally o the score and unions miserably failed in their cardinal responsibility of securing the rights of members.
I took Voluntary Retirement from Union Bank in 2001 and started working for redeeming the lost right of bank employees. I organised a suit in Kerala High Court in April, 2003 and when it was not coming up until end of 2005, , I thought of stirring the employees and unions against the banks and IBA. I i
Answer: LLAMA, GRITA, SI ME NECESITAS
Category: Other - Business & Finance
Central Provident Fund Board (CPF)
Provides citizens with a comprehensive social-security savings scheme including retirement, home ownership, healthcare, and financial protection.
Recommend Braces?
Lyn here... I have some questions that need to seek your guys any suggest or opinion is with regards to the braces. “Can I still do my teeth straighten and whitening at the ages of 24th years old, If can really do rite? How fast can it be done?? And then how much does it cost? For the payment mode is there a way to do with CPFs board? Or Paid by installment like 70 to 90 or above but not less more than 100 +++
Pls do some recommend or advise if you guys have..
Thanks.
Answer: Yes It Can be Done.
They'll fix u up in no time.
Jus check this website and have a clear picture.
http://www.privatehealth.co.uk/private-dentistry/dental-treatments/tooth-straightening
And then go this webstie for indians.
http://www.dentalcare-indiatour.com/
Bye now
Category: Dental
CPF Minimum Sum to be revised upwards to $131k
FROM July 1, the CPF Minimum Sum (MS) will be $131,000, up from $123,000 previously, the Central Provident Fund announced in a statement on Tuesday. The new MS will apply to CPF members who turn 55 from July 1 2011 to Jun 30 2012, those who can set aside the MS fully in cash can apply to commence monthly payouts of $1,170 when they reach their draw down age.
SilverHairsClub » Blog Archive » CPF Minimum Sum raised to $131000 ...
The CPF Board said the increase in CPF minimum sum, MMS and MCC, which includes an adjustment for inflation, is to ensure that Singaporeans set aside sufficient savings for their retirement and be able to meet their ...
Slumping housing sales affecting Warwick’s community preservation fund
Warwick - April was a lighter than expected month in revenues for the town’s community preservation fund.
California Professional Firefighters - 2011 CalPERS Special ...
Full-service union print shop, providing CPF members and corporate clients with high ... election to fill a seat on the CalPERS Board of Administration. ...
CPF Board - Sitemap - my CPF 2
Know more about CPF services on AXS. Subscribe to CPF mobile services ... Board Members. Corporate Citizenship. Corporate Philosophy. CPF Statistics. CPF Trends ...
Singapore CPF Information | CPF Registration | CPF Board
CPF contributions has enhanced the quality of life of Singapore citizens and its ... Inform the Board of any change in address by completing the form Request for Change of ...
CPF minimum sum to be revised upwards to - CreateWealth8888
SINGAPORE: From July, the prevailing CPF minimum sum (MS) will be revised upwards to S$131000, up from S$123000. The CPF Board said the new MS will apply to members who turn 55 from July 1 2011 to June 30 2012. ...