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Claims that CPF 'retirement payout age' shifted to 70 not true: CPF BoardSINGAPORE: Social media posts and messages claiming that the Government has shifted the payout age for the Retirement Sum Scheme (RSS) to 70 are ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Multiple PAP MPs oppose revising CPF automatic payout mechanism to start at age 65One ruling party politician, Chua Chu Kang GRC MP Yee Chia Hsing, said: '...it’s not the intention to delay the payout. It’s more to cater to people who are actually...
Source: IndependentSG - 🏆 2. / 72 Read more »
Ex-PAP MP Inderjit Singh joins chorus of voices against CPF payout mechanismInderjit Singh said, in part: “This does not seem right...The baseline should be automatic withdrawal at 65 unless you choose to extend. Too many tweaks to the rules confuse people.” Our hard earned money but still the Government want to control. You already earn millions, pls lah give us a break. Buzz off.
Source: IndependentSG - 🏆 2. / 72 Read more »
Board debunks rumors that CPF payout age was raised to 70The Central Provident Fund (CPF) Board took to Facebook over the weekend to dispel rumors circulating that the age for receiving CPF payouts under the Retirement Sum Scheme (RSS) was raised to 70 years old.
Source: IndependentSG - 🏆 2. / 72 Read more »
Forum letter writer tells CPF Board to stop blaming the people for starting payout delay rumourEchoing the views of several citizens, the Singaporean added that “It is the CPF Board’s actions that have caused the people to once again say that the Government is trying to hold back the money of Singaporeans.” Payout delay. We all must work till we die. No payout. That's the plan.
Source: IndependentSG - 🏆 2. / 72 Read more »
CPF Board clarifies online message suggesting 'retirement payout age' was shifted from 65 to 70 is wrongSINGAPORE - A message circulating online is wrongly suggesting that the Government had quietly shifted the 'retirement payout age' from 65 to 70, the Central Provident Fund Board said on Saturday (Jan 19).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
65-year-old CPF member is informed that he will receive $250 a month for 8 years to “retire”Meanwhile, Manpower Minister Josephine Teo hinted that the minimum CPF withdrawal age may rise in the future since more than half of the OECD countries have set...
Source: IndependentSG - 🏆 2. / 72 Read more »
Teo: Minimum age for CPF payout stays; S’poreans want to work longer, save moreIn Parliament on Tuesday, Josephine Teo, Singapore’s Manpower Minister said that the minimum age for eligibility for getting monthly payouts from the Central Provident Fund (CPF) savings will stay at 65. Work until die.
Source: IndependentSG - 🏆 2. / 72 Read more »
Majority of applications for CPF funds on medical grounds successful: MOMSINGAPORE: In the last three years, about 65 per cent of applications to withdraw money from the Central Provident Fund (CPF) earlier due to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Lim Tean: “the CPF is a virtual confiscation of your money”“Until that fateful day when all of us will meet in court and the truth will emerge.” He added that this case is a seminal case in Singapore history, which will define the character of the country.
Source: IndependentSG - 🏆 2. / 72 Read more »