Budget 2023: Minimum CPF monthly payouts under Retirement Sum Scheme to be raised to S$350 | Video
The minimum Central Provident Fund (CPF) monthly payout for seniors on the Retirement Sum Scheme will be raised to S$350, up from S$250 currently. This will take effect from Jun 1, as part of the Government's efforts to boost retirement adequacy. Rebecca Metteo reports.
The minimum Central Provident Fund (CPF) monthly payout for seniors on the Retirement Sum Scheme will be raised to S$350, up from S$250 currently. This will take effect from Jun 1, as part of the Government's efforts to boost retirement adequacy. Rebecca Metteo reports.