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www.cpf.gov.sg. Agency ID. T08GB0007E. The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing [3] needs in Singapore.
The Central Provident Fund (CPF) is Singapore's national pension fund. It is a defined contribution plan, contributed by employers and employees. With over 3 million members, it ranks among the world’s largest defined contribution (DC) schemes. [12] The CPF Board, a statutory authority established by legislation, runs this national pension ...
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GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves.Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns above ...
A CPF number is a 11-digit number of which the first eight digits form its base. The ninth number indicates the Fiscal Region responsible for its registration. The Fiscal Regions have the following identification: [10] 1 – DF, GO, MS, MT and TO; 2 – AC, AM, AP, PA, RO and RR; 3 – CE, MA and PI;
Superannuation in Australia. Superannuation in Australia, or " super ", is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement. Employers make compulsory payments to these funds at a proportion of their ...
The Housing & Development Board (HDB; often referred to as the Housing Board), is a statutory board under the Ministry of National Development responsible for the public housing in Singapore. Established in 1960 as a result of efforts in the late 1950s to set up an authority to take over the Singapore Improvement Trust 's (SIT) public housing ...
Singaporean and Singapore PR (SPR) employees are required to set aside part of the earnings and contribute to Central Provident Fund. [15] The employers are also required to contribute proportion of the earnings paid to their Singaporean and SPR employees to the fund. The contribution rates to CPF vary depending on income range and age bracket.