Manpower Minister Josephine Teo hinted yesterday (Nov 15) that the Central Provident Fund (CPF) basic retirement sum could continue to be raised regularly so payouts can remain relevant to members. The CPF scheme is a compulsory savings plan for working Singaporeans and permanent residents primarily to fund their own retirement, healthcare, and housing needs. An employment-based … Continue reading Manpower Minister hints CPF basic retirement sum will continue to be raised regularly