MPs, NMPs react to NDR announcement of higher CPF contribution rates for older workers

Singapore — One significant part of Prime Minister Lee Hsien Loong’s National Day Rally speech was the announcement that from 2021, CPF contribution rates for workers older than 55 will be increased, and that after these changes are made, employees ages 60 and below will benefit from the full CPF rate. This announcement elicited a … Continue reading MPs, NMPs react to NDR announcement of higher CPF contribution rates for older workers