Tag: CPF withdrawal

Ho Ching shares article against early CPF withdrawal

Singapore –The Central Provident Fund (CPF) and why some people who wish to empty their accounts early when such a decision could backfire in the future was the focus of a recent topic shared by Ho Ching. “Why do some people want to empty their...

OCBC survey states 2 out of 3 S’poreans don’t have savings to last more than 6 months

Singapore – According to an OCBC survey approximately 66 per cent of Singaporeans don't have enough savings in their accounts to last the next six months. News of this has been circulating online, garnering the repeated request from individuals to allow CPF withdrawals. According to...

Gov’t: Release of sick woman’s info was in the interest of the public

Singapore — The Smart Nation and Digital Government Office (SNDGO) released a statement on Friday (Dec 27), saying that the Government published information regarding a sick woman who applied to use the funds in her Central Provident Fund (CPF) savings as it deemed that...

CPF Board, other gov’t agencies, clarify matter concerning woman whose application for withdrawal of funds was denied

Singapore — The Central Provident Fund (CPF) Board, Housing & Development Board, Ministry of Education, Ministry of Health, and Ministry of Social and Family Development issued a joint statement on its Facebook account to clarify an article featured in The Online Citizen (TOC) concerning a...