MOM announces review of payout rules for CPF’s Retirement Sum Scheme will be completed by year end

Singapore—Comments that the payout period until the age 95 is too long has caused a review of the Retirement Sum Scheme (RSS) payout rules for older Singaporeans by the Ministry of Manpower (MOM) and the Central Provident Fund (CPF) Board. The review will be accomplished by the end of this year, MOM said in a … Continue reading MOM announces review of payout rules for CPF’s Retirement Sum Scheme will be completed by year end