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CPF minimum sum to be raised to $131000 CPF minimum sum to be raised to $131000 By Karen W Lim SINGAPORE - The CPF minimum sum will be revised upwards to $131000 from the previous $123000 from July 1, announced the Ministry of Manpower (MOM) in a statement on Tuesday. The new minimum sum will apply to CPF members who turn 55 from ...	For 'S' passes only: Singapore company seeking forklift drivers with degrees ... For 'S' passes only: Singapore company seeking forklift drivers with degrees ... Being a forklift driver usually does not require much paper qualifications, but a Singapore company put up an advertisement... The announcement by CPF board on the raising of the CPF minimum sum to $131000 and Medisave Minimum sum to $36000 has taken. ...	Jobs, CPF and foreigners Jobs, CPF and foreigners by Shamir Osman SINGAPORE - Back in 2006, the People's Action Party's (PAP) Gan Kim Yong took 60.4 per cent of the vote in Chua Chu Kang SMC against Mr Steve Chia of the National Solidarity Party (NSP). With electoral boundaries redrawn, Chua Chu Kang ...	Singapore hit by spate of flash floods yet again as Dr Vivian goes 'missing' Singapore hit by spate of flash floods yet again as Dr Vivian goes 'missing' No casinos: TH*ey are the ones ah! yea,TemasekReviewEmeritus were being watched every second.... new: in other words, it is an estate tax in disguise when there wasn't one earlier. stupid: Is that the reason why they increase the Minimum Sum for CPF ...
If our economy ever falters, that is the end of Singapore If our economy ever falters, that is the end of Singapore Only those 35 to 55 are... quentin loh: no fault of yours and mine , TRE bloggers. blame it on trolls and moles here and on... shit: well, the increament of minimum sum of $131000.00 in the cpf account is the first start of... Joe: I am wondering ? ...	Home > Breaking News > Singapore Home > Breaking News > Singapore FROM July 1, the CPF Minimum Sum (MS) will be $131000, up from $123000 previously, the Ministry of Manpower (MOM) 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 ...	Consequence of hire-fire policies: Unhappiest Workers in the World Consequence of hire-fire policies: Unhappiest Workers in the World I am a Jew: CPF = Cannot Payout Fully Its a free loan to the government, now they make you repent... furbie: I have 17 yrs b4 becoming 55… Have 10 years to see see, b4 deciding to totally give... VerySian: @47MP, Mai sian lah ! I kee chiu for you lei! ...	Transitioning.Org to hold protest at Hong Lim Park for displaced PMETS Transitioning.Org to hold protest at Hong Lim Park for displaced PMETS Screw Again: The Government should top-up the CPF Minimum Sum account of all Singaporeans by... kidoboy: Grow up Singaporeans. If we do not welcome foreigners, singapore will decline rapidly.... MarBowling: PM and his Big Daddy surely knew what was ...
Changes in Women's Charter to start in June Changes in Women's Charter to start in June The Courts can also direct the Central Provident Fund (CPF) Board to disclose the employment information of a defaulter for attachment of earnings orders and provisions will be introduced to streamline court processes and to allow for new rules to be ...	Largest-ever BTO launch Largest-ever BTO launch For instance, households earning up to S$5000 per month can apply for the Additional CPF Housing Grant (AHG) worth up to S$40000, which can be used to offset the initial downpayment. Over and above the AHG, first-timer families earning between S$1501 ...	CPF maintains 2.5% Ordinary Account interest rate CPF maintains 2.5% Ordinary Account interest rate SINGAPORE: The Central Providend Fund (CPF) Board will continue to pay 2.5 per cent interest per annum for members' CPF savings in their Ordinary Account from July 1 to September 30 this year. The computed CPF interest rate is derived from the major ...	Picking up where Ong Teng Cheong left off Picking up where Ong Teng Cheong left off For example, in 1988, Dr Tan who then headed the Government Parliamentary Committee for Education, suggested that the government consider extending CPF's Extended Investment scheme to include education. He argued that education should be considered an ...
PAP supporter attacks TR readers for 'unruly behavior' on ST Forum PAP supporter attacks TR readers for 'unruly behavior' on ST Forum The announcement by CPF board on the raising of the CPF minimum sum to $131000 and Medisave Minimum sum to $36000 has... A PAP supporter by the name of Joyce Neo has written in to the Straits Times Forum today attacking readers of Temasek Review. ...	Where we can go from here Where we can go from here ... for having done so much for Singapore - they industrialised Jurong and our ports, brough in the MNCs and created many jobs, made English our working language, introduced the CPF and HDB, and not least, made our island clean and lush-green. ...	The website with unruly behaviour? The website with unruly behaviour? When an average person like you and me, witness a frail old lady collecting pieces of cardboard just because she couldn't retire with her CPF funds just yet. Who wouldnt take the chance to voice out their opinions, angrily? ...	Cleaning up after Mr Mah Cleaning up after Mr Mah How can housing be affordable today when our CPF monies are almost emptied by the time we retire? With the continual rise of HDB prices, how will our current and future generations be able to afford a home? After the elections, Mr Mah “stepped down” as ...

Cpf singapore : Videos

Using CPF for Singapore Property & Loans Part 1 Using CPF for Singapore Property & Loans Part 1 How much Cash do you need for buying a property, whether HDB flat or private property in Singapore? If you want to use CPF to pay for your house ... Rated: 1.32     Duration: 566 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 02 Jun 2009 03:57:18 PDT	USS Blue Ridge Departs Singapore en route to Japan Following March 11 Earthquake and Tsunami USS Blue Ridge Departs Singapore en route to Japan Following March 11 Earthquake and Tsunami SINGAPORE (March 11, 2011) The US 7th Fleet command flagship USS Blue Ridge (LCC 19) departs Singapore following an on-load humanitarian ... Rated: 5     Duration: 45 seconds     Video type: YouTube     Hosted by: www.youtube.com on Sat, 12 Mar 2011 06:47:40 PST	Singapore Citizen Spent 68% Of CPF Saving On Housing Singapore Citizen Spent 68% Of CPF Saving On Housing A paper presented by an NUS social graduate Ng Kok Hoe at a Seminar on the Aged yesterday questioned if Singaporeans have sufficient CPF savings ... Rated: 5     Duration: 111 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 30 Mar 2010 16:38:00 PDT	Singapore Uncle Just Got His CPF And Dancing In The MRT Singapore Uncle Just Got His CPF And Dancing In The MRT Singapore uncle just collected his CPF money and on his way to batam with his luggage..WHOOO OOO.... Rated: 4.6424241     Duration: 50 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 17 Jul 2007 02:42:54 PDT
Using CPF for Singapore Property & Loans Part 2 Using CPF for Singapore Property & Loans Part 2 What are the factors to consider in using CPF for Singapore Property and Home Loans? If you have enough Cash and CPF to pay for a property without ... Rated: 1.4705882     Duration: 570 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 02 Jun 2009 07:41:33 PDT	A Singaporean Story - They Are Here A Singaporean Story - They Are Here 3: www.youtube.com ... "a singaporean story" "They are coming" "they are here" CPF singapore ge2011 pap MRT COE ... Rated: 4.6571426     Duration: 401 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 01 Apr 2011 08:52:20 PDT	WP Chairman Sylvia Lim Spoke On GRC & CPF Issues WP Chairman Sylvia Lim Spoke On GRC & CPF Issues 1st May 2011. Workers' Party chairman, Sylvia Lim spoke on GRC & CPF issues at Yishun stadium rally. Rated: 5     Duration: 228 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 04 May 2011 00:38:19 PDT	CPF - Can See, Cannot Touch CPF - Can See, Cannot Touch This short video examines the factors affecting CPF, making it inadequate to meet most Singaporeans' basic retirement needs. Rated: 4.909091     Duration: 589 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 22 Jun 2009 01:30:06 PDT
WP Chen Show Mao proposed to strengthen CPF model - 02May2011 WP Chen Show Mao proposed to strengthen CPF model - 02May2011 Workers' Party (WP) candidate Chen Show Mao suggested yesterday that the government should strengthen the Central Provident Fund (CPF) model ... Rated: 4.7333331     Duration: 52 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 02 May 2011 07:49:12 PDT	叶叔问政CPF questions for New Citizens New Voters English ver 01.0 叶叔问政CPF questions for New Citizens New Voters English ver 01.0 This is the English version of the CPF issue of questions that New Citizens & New Voters should ask famiLEE LEEgime. Weather is CPF scheme ... Rated: 5     Duration: 466 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 29 Sep 2010 13:11:16 PDT	NMP Siew Kum Hong on CPF reform - 1 NMP Siew Kum Hong on CPF reform - 1 NMP Siew Kum Hong raised issue with CPF reform on poor returns and compulsory annuity changing nature of CPF membership rights. Rated: 4.2     Duration: 519 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 19 Sep 2007 04:41:30 PDT	Parliament Speech - Low Thia Khiang on CPF Parliament Speech - Low Thia Khiang on CPF Mr Low Thia Khiang, MP for Hougang, raised his view on CPF reform issue. Rated: 4.7924528     Duration: 418 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 18 Sep 2007 06:27:34 PDT
Parliament Speech - Chiam See Tong on CPF Parliament Speech - Chiam See Tong on CPF MP for Potong Pasir, Mr Chiam See Tong, raised his view on CPF reform issue. Rated: 4.8805971     Duration: 222 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 18 Sep 2007 07:46:49 PDT	How to get the best and cheapest payroll in Singapore? How to get the best and cheapest payroll in Singapore? Fide Consultant Group provide the best and cheapest payroll in Singapore enabling you to save your fixed costs for up to 90%. Rated: -1     Duration: 48 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 24 Mar 2011 00:24:50 PDT	Zakat on CPF Zakat on CPF Not sure how to calculate your Zakat on CPF? Watch this video here! For more information, visit www.zakat.sg or connect at http Rated: -1     Duration: 109 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 15 Mar 2011 01:10:56 PDT	Parliament Speech - Sylvia Lim on CPF - 1 Parliament Speech - Sylvia Lim on CPF - 1 NCMP Sylvia Lim raised her view on CPF reform issue. Rated: 4.8333335     Duration: 569 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 19 Sep 2007 06:26:20 PDT
Lim Swee Say -- Making savings work for you Lim Swee Say -- Making savings work for you Say" NTUC Singapore "Minister Lim Swee Say" "Mr Lim Swee Say" CPF "CPF contribution" "CPF SG" " ... Rated: 5     Duration: 203 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 05 May 2011 02:41:45 PDT	"CPF Connects!" 2010 Rehearsals Trailer "CPF Connects!" 2010 Rehearsals Trailer Just 3 more days to the finals held at the Singapore Polytechnic auditorium from 8:30am to 12:30pm. Check out the CPF Connects fanpage on Facebook ... Rated: -1     Duration: 46 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 01 Nov 2010 01:42:11 PDT	The Singapore Story: 50 Years of Nation Building - Trailer 1 The Singapore Story: 50 Years of Nation Building - Trailer 1 The world's best paid politician... The CPF board has consistently said it only invests funds in "risk-free" government bonds and ... Rated: 3     Duration: 221 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 26 May 2010 22:38:21 PDT	IBM CPF Case Study - 2010 IBM CPF Case Study - 2010 The world's best paid politician... The CPF board has consistently said it only invests funds in "risk-free" government bonds and ... Rated: 3     Duration: 221 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 26 May 2010 22:38:21 PDT Rated: -1     Duration: 177 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 13 Apr 2010 23:32:13 PDT
Singapore Elections - Indomitable Female Politicians - Class of 2011 Singapore Elections - Indomitable Female Politicians - Class of 2011 Highlights of the AWESOME speeches given by female candidates of GE2011. Our daughters, sisters and mothers have spoken. Singaporean men! Do you ... Rated: 5     Duration: 556 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 03 May 2011 15:32:17 PDT	NMP Siew Kum Hong on CPF reform - 2 NMP Siew Kum Hong on CPF reform - 2 NMP Siew Kum Hong raised issue with CPF reform on poor returns and compulsory annuity changing nature of CPF membership rights. Rated: 5     Duration: 448 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 19 Sep 2007 04:16:39 PDT	Singapore Budget 2011 Highlights - 18Feb2011 Singapore Budget 2011 Highlights - 18Feb2011 SINGAPORE: The Singapore government is handing out more than S$13 billion in benefits to households and businesses - aimed at growing incomes and ... Rated: 5     Duration: 878 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 18 Feb 2011 08:03:32 PST	30/4/11 - Png Eng Huat, Workers Party, Bedok ... 30/4/11 - Png Eng Huat, Workers Party, Bedok ... rally for East Coast GRC at Bedok Stadium, 30 April 2011. ... "png eng huat" png "workers' party" wp rally cpf "east ... Rated: 5     Duration: 31 seconds     Video type: YouTube     Hosted by: www.youtube.com on Sat, 30 Apr 2011 12:42:32 PDT
Singapore Uncle Just Got His CPF And Dancing In The MRT Singapore Uncle Just Got His CPF And Dancing In The MRT Duration: 50000 seconds Hosted by: YouTube	CPF Connects - Greendale Secondary CPF Connects - Greendale Secondary Duration: 180000 seconds Hosted by: YouTube	Using CPF for Singapore Property & Loans Part 1 Using CPF for Singapore Property & Loans Part 1 Duration: 566000 seconds Hosted by: YouTube	Parliament Speech - Low Thia Khiang on CPF Parliament Speech - Low Thia Khiang on CPF Duration: 418000 seconds Hosted by: YouTube
cpf connects!- outram cpf connects!- outram Duration: 154000 seconds Hosted by: YouTube	CPF Connects - Commonwealth Secondary School CPF Connects - Commonwealth Secondary School Duration: 175000 seconds Hosted by: YouTube	NMP Siew Kum Hong on CPF reform - 2 NMP Siew Kum Hong on CPF reform - 2 Duration: 448000 seconds Hosted by: YouTube	NMP Siew Kum Hong on CPF reform - 1 NMP Siew Kum Hong on CPF reform - 1 Duration: 519000 seconds Hosted by: YouTube
Lim Swee Say On CPF Withdrawing age change to 65 Lim Swee Say On CPF Withdrawing age change to 65 Duration: 122000 seconds Hosted by: YouTube	Parliament Speech - Sylvia Lim on CPF - 2 Parliament Speech - Sylvia Lim on CPF - 2 Duration: 171000 seconds Hosted by: YouTube	Lim Swee Say – Making Savings Work for You Lim Swee Say – Making Savings Work for You Duration: 171000 seconds Hosted by: YouTubeHosted by: Metacafe	叶叔问政 CPF questions for New Citizens New Voters English ver ... 叶叔问政 CPF questions for New Citizens New Voters English ver ... Duration: 171000 seconds Hosted by: YouTubeHosted by: MetacafeHosted by: YouTube
Waterspout - Singapore 25 May 2007 Waterspout - Singapore 25 May 2007 Duration: 37000 seconds Hosted by: YouTube	WP Chairman Sylvia Lim Spoke On GRC & CPF Issues WP Chairman Sylvia Lim Spoke On GRC & CPF Issues Duration: 37000 seconds Hosted by: YouTubeHosted by: YouTube	CPF LIFE Video (Malay) Part 2 of 2 CPF LIFE Video (Malay) Part 2 of 2 Duration: 37000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTube	潮州话+华语 谈 组屋，公积金，政治课题，叶叔+林廷 潮州话+华语 谈 组屋，公积金，政治课题，叶叔+林廷 Duration: 37000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTube
Singapore GE2011 An Open Letter Singapore GE2011 An Open Letter Duration: 37000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTube	CPF LIFE Video (Malay) Part 1 of 2 CPF LIFE Video (Malay) Part 1 of 2 Duration: 37000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTube	30/4/11 - Png Eng Huat, Workers Party, Bedok Stadium 30/4/11 - Png Eng Huat, Workers Party, Bedok Stadium Duration: 37000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTube	Cant Touch This Cant Touch This Duration: 164000 seconds Hosted by: YouTube
Singapore Airlines Boeing 777-200 Take off Singapore Airlines Boeing 777-200 Take off Duration: 71000 seconds Hosted by: YouTube	Singapore to raise retirement age to 68!! - 28 Oct 2010 Singapore to raise retirement age to 68!! - 28 Oct 2010 Duration: 64000 seconds Hosted by: YouTube	BM - BodyGuard Minister - Lim Boon Heng BM - BodyGuard Minister - Lim Boon Heng Duration: 31000 seconds Hosted by: YouTube	English Speech by PM Lee at May Day Rally 2010 English Speech by PM Lee at May Day Rally 2010 Duration: 31000 seconds Hosted by: YouTubeHosted by: YouTube

Cpf singapore : Latest News, Information, Answers and Websites

Explore FAQ

This is CPF PAL-Internet, the website of the Central Provident Fund Board, Singapore.

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.

CPF Board - Singapore Budget 2011: Initiatives Relating to CPF ...

The payments will be made half in cash and half into CPF-Medisave. The ...

Singapore Retirement Age?and Cpf Withdrawal?

Hi guys just wondering, what is the official retirement age in Singapore now?And at what age are Singaporeans allowed to withdraw money from their CPF accounts?
Answer: the official retirement age is 62. recently the gvt reviewed the cpf policy. the withdrawal shld be 55 still, but when you hit 55, you get to opt for diff.schemes. check this article. http://sg.news.yahoo.com/cna/20080212/tap-328427-231650b.html
Category: Personal Finance

How long will it take to refund CPF if you surrender your residency in singapore?

I want to surrender my Permanent residency in Singapore. I already invested 4 years worth of CPF. I want to know how long will they give you a refund for your CPF. and will you able to take all or how many percent?
Answer: call CPF
Category: Singapore

CPF Board - Leaving Singapore - my CPF 2

Apr 14, 2011 ... The CPF withdrawn will be paid to you in Singapore Dollars ...

in singapore cpf law.my wife is a foreigner and long term pass holder?

if anything goes wrong lets say i die will she be entitled to my cpf money as i dont have nominations yet
Answer: oo
Category: Singapore

( Singapore )Are CPF Funds considered matrimonial assets in a divorce?

In divorce laws of Singapore, when a divorce is filed, the court has to decide which party to the marriage is entitled to which matrimonial asset in the marriage(house, car, jewellery). CPF refers to the Central Provident Fund, a pension fund for Singaporeans.
Answer: The Singapore Court recognised the CPF as matrimonial assets for the reason that if the CPF contributions were not deducted from the wages or salary of a worker, they would have gone to providing for himself and the family. The asset is accumulated by the sole effort of one party to the marriage.
Category: Law & Ethics

Singapore Savings Account Rates: CPF Rate

Singapore Savings Account Rates. We help you to keep track of savings account rates in Singapore so that you ... Singapore Savings Account Rates presents the latest CPF rate. ...

Singapore CPF Information | CPF Registration | CPF Board

CPF contributions has enhanced the quality of life of Singapore citizens and its ... Singapore Citizens, Permanent Residents and their employers make monthly contributions to ...

GE: Study World Bank To Boost CPF, Says WP | Rock It

“We suggest Singapore follows international best practices recommended by the World Bank and study the feasibility of a pension fund model to enhance the returns on our CPF monies.” Mr Chen, who was at the WP rally held ...

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

SIngapore :CPF Insurance.............?

I have a normal CPF insurance by AIA Medisave or is it Great Eastern? anyways I was adnmitted for Diabeties type2 last dec, can I make a claim? Thanks
Answer: You should ask that while you are admitted. There are plenty of conditions attached. Part of it is settled by medisave and balance by medishield (AIA or GE) and the rest by cash.
Category: Insurance

How much money does Singapore CPF have ... ?

on records and how much physical cash it has in "hand" ? Just curious. Thanks.
Answer: Not enough...
Category: Singapore

TODAYonline | Singapore Votes | CPF draw-down age 'should be ...

The impending increase to the draw-down age (DDA) of 62 for Central Provident Fund monies drew...

CPF Board - Ask Us - Explore FAQ

Contact Info | Feedback | Sitemap. Home | About Us | News | Join Us | Useful Links ...

CPFB - gov.sg — Directory

Apr 27, 2011 ... Central Provident Fund Board, 79 Robinson Road, Level 41, CPF Building, Singapore 068897, 62293210, yong_guan.koh@cpf.gov.sg ...

CPF Building - Wikipedia, the free encyclopedia

The CPF Building is a high-rise skyscraper located in the central business district of Singapore. ... The CPF Building was designed by the Public Works Department, and was ...

Buying a HDB Flat in Singapore. Part 3 of 3

The rule for this is because the government doesn't want you to end up in the situation where you retire and have a nice big house, but no savings in the CPF OA. Meaning you are not prepared for retirement. And that the government will ...

Daily SG: 2 Jun 2011 « The Singapore Daily

CPF - Big Talk Singapore: CPF Revision damn funny. We are against capital punishment - Diary of A Singaporean Mind: Shadrake starts jail term… - Rachel Zeng: In Solidarity with Alan Shadrake ...

Singapores CPF LIFE: An in-depth look

Singapores CPF LIFE: An in-depth look ... However, in order to retain some form of careful management of retirement lump sums, Singapore has had the Minimum Sum Scheme (MSS) ...

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; ...

Singapore tax and CPF for employment pass holder?

I work as permanent employee and holding employment pass. Base on Singapore regulation, does my salary will deducted by income tax and cpf?
Answer: Yes for CPF: deductions are automatic. If you are an employment pass holder, you will be subject to withholding tax, i.e. tax withheld at the maximum rate, excess reclaimable at the end of the year or when you leave the country.
Category: Singapore

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 ...

Who else more has lose money on CPF investment in Singapore ?

For the ordinary people who have been coax by sweet talking salesmen ? Who is monitoring and how much infos being fed back to the "investers" ?
Answer: I doubt the 350K loss is 100% accurate. In order to happen the person need to have close to 1mil in OA. If we go by CPF limits ~26.5K per annum (76,500*34.5%) and only 17,600 goes to OA (66.6666%). Typically a person with starting pay 4,500 and bonus of 4 months would have close to 528,000 without interests. Interest added (3.5%) would give $956K in OA. So either that person invested and made a fortune with CPF money and caught in the 2008 bloodbath and lost the money or something else which make him had a mil in OA.
Category: Singapore

Central Provident Fund Board (CPF)

Provides citizens with a comprehensive social-security savings scheme including retirement, home ownership, healthcare, and financial protection.

CPF Board - Contribution Calculator

The CPF contribution rates effective from September 2011 will be updated in due course. Click to calculate CPF contributions for Singapore Citizens. ...

TODAYonline | Singapore | CPF draw-down age 'should be lowered to 60'

The impending increase to the draw-down age (DDA) of 62 for Central Provident Fund monies drew...

when can a permant resident in singapore collect his or her cpf?

Answer: Log on to www.cpf.gov.sg . You can find all info there.
Category: Law & Ethics

Singapore's CPF Retirement Scheme: Delivering More Bang for the ...

Aug 2, 2007 ... Singapore's Central Provident Fund (CPF) is one of Asia's oldest and best known defined contribution retirement schemes. ...

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

CPF Board - Leaving Singapore - my CPF 1

You have made an important decision to leave Singapore permanently and migrate to another country. ... The CPF withdrawn will be paid to you in Singapore Dollars. ...

Hello, if you make 220k in Singapore, how much is net AFTER your CPF contribution? Can anyone suggest a link?

If you suggest a link, please dont just suggest IRAS :) Thank you.
Answer: Employee's CPF contribution on your monthly gross salary is 20% and capped at an income ceiling of $4500. Which means, $900 maximum contribution from the employee's portion. For bonuses, it will be a straight 20% off your gross without ceiling (if I am not wrong). So let say you earned $17K a month, your monthly CPF contribution will be $900 x 12 mths = $10,800. If bonus is $17K, another additional $3400 will be added to your CPF. IRAS is not the link to go. For CPF contribution, you should visit CPF website instead. Here is the link: http://mycpf.cpf.gov.sg/Members/Calculators/mbr-Calculators.htm
Category: Personal Finance

Central Provident Fund - Wikipedia, the free encyclopedia

Singapore introduced the CPF in 1955 as a compulsory savings scheme so as to ... While the CPF does indeed contribute to Singapore having one of the highest ...

Should employers CPF contributions be increased following Singapores strong economic data for Q1? Why?

Singapore’s labour chief has urged employers to consider restoring their portion of the Central Provident Fund (CPF) contributions following a strong rebound of the Singapore economy. Do you think employers CPF contributions should be restored and what else can be done for employers?
Answer: Yes the employers' CPF contribution should be restored, as the employees has been supportive for the past few years. Since the economy has returned strongly, it's high time that the employees get back what originally belongs to them, the few percentage differences means significant to alot of people, especially those struggling to finance their homes.
Category: Economics

SgForums :: Singapore's Online Community - CPF minimum sum to be ...

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. ...

CPF Revision damn funny « Big Talk Singapore (大话新加坡)

CPF Revision damn funny. The above article was taken from My Paper, 1 Jun 2011, Page A2. It was announced in August 2003, that the minimum sum would be raised gradually to reach S$120000 (in 2003 dollars) in 2013. ...

TODAYonline | Singapore Votes | CPF draw-down age 'should be ...

May 2, 2011 ... The impending increase to the draw-down age (DDA) of 62 for Central Provident Fund monies drew...

why malaysia not asking singapore to release malaysian cpf savings?

do not understnad why only west malaysian cpf savings are held back till age 50
Answer: Is for your best. The MY govt have been raiding the epf. Safer to be in Singapore and not be transferred to the MY govt.
Category: Malaysia

FAQ - Central Provident Fund | CPF Singapore

Frequently Asked Questions on Singapore Central Provident Fund (CPF)

CPF Board - E-Services - my CPF 1

Feb 8, 2011 ... Singapore Government ... Know more about my cpf Online ...

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 ...

Performance of CPFIS unit trusts and ILPs

Singapore"s mandatory national defined contribution pension system permits participants to ... Singapore"s CPF system is coming under close scrutiny as it seeks ...

Central Provident Fund - Wikipedia, the free encyclopedia

Singapore introduced the CPF in 1955 as a compulsory savings scheme so as to allow workers to save for their retirement, 10 years after the end of the ...

sportsnews24hr: CPF Minimum Sum

Central Provident Fund (CPF) minimum sum in Singapore will be revised upwards from S$123000 to S$131000. It was announced in August 2003, that the minimum sum would be raised gradually to reach S$120000 (in 2003 dollars) ...

What is indicative premium amount payable as in CPF LIFE scheme?

This is regarding Singapore CPF LIFE.
Answer: Potato salad. I have this feeling that you are about to become the witless, unhappy victim of a scam. Whatever it is that you are thinking of doing with regard to the above...DON'T DO IT. Particularly if it involves sending them money.
Category: Other - Taxes

Contact Singapore - FAQs

CPF is a compulsory social security savings scheme that employers and employees contribute to. It is applicable only to Singapore citizens and Permanent Residents. ...

Should Singapore CPF release part of Medisave?

To the next of kin upon his/her death ? Maybe a certain percentage to covers the funeral expenses, immediate needs, etc ? Afterall, its member;s money, FAIR ? Thanks to the previous answer to question. Have checked and it has a limit & will pass on to the next of kin. So, what happen if the receiving kin reach their limit too ? Wont it be snowball to a very large amount of monies frozen with the CPF ? The whole contributing population ? Maybe some MPs or opposition will come up with a proposal. Our lawmakers are very efficient in implementing sensitive and delicates issues, so I am sure thay can do this. A matter of willing or not. I am assuming if for some unfortunate circumstances that both parents met and leave 1 or 2 young school going teens, where are they gonna find money to at least give a decent funeral to their "beloved parents" ? These days, not many relatives or friends are willing to donate/contribute much to a funeral as they have their own dinner table to take care too. Maybe CPF can release 50% of their parents Medisave (as they are dead and dont need medical but funeral) to a guardian or something like that to see the immediate situation through.
Answer: Yes now to dont have monye and job. All our jobs are taken up by foreigners.
Category: Singapore

Singapore Savings Account Rates: CPF Life

Singapore Savings Account Rates read that article and extracted some nuggets on CPF Life ... You can read more about it in our earlier CPF Life post here. ...

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.

Central Provident Fund - Ministry of Manpower

For other information, such as employer and employee contribution rates, visit the CPF website. Singapores social safety net comprises the following four pillars: ...

what are the differences / similarities between 401(k) of USA and CPF of Singapore?

Answer: 401(k) are managed by banks. You lose if they go bust. CPF is managed by the goverment who make sure you get as little of it back as possible eg conversion to annuity payable from age 62, expensive hospitals with hotel lobbies, constant reminder to encourage you to rent flats (99 year lease) at inflated value.
Category: Corporations