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Full restoration of CPF contributions for those aged 55 to 60; higher rates for workers above 60 | Video

In a long-term move aimed at helping older Singaporeans build up their retirement funds, the Central Provident Fund (CPF) contributions for those aged above 55 to 60 will be raised by 11 percentage points to 37 per cent – on par with that of the younger workers – over the next 10 years or so, the Tripartite Workgroup on Older Workers said on Monday (Aug 19).

Full restoration of CPF contributions for those aged 55 to 60; higher rates for workers above 60 | Video

19 Aug 2019 11:30pm
In a long-term move aimed at helping older Singaporeans build up their retirement funds, the Central Provident Fund (CPF) contributions for those aged above 55 to 60 will be raised by 11 percentage points to 37 per cent – on par with that of the younger workers – over the next 10 years or so, the Tripartite Workgroup on Older Workers said on Monday (Aug 19).

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