Tan See Leng on ensuring CPF interest rates are relevant

The Government will continue to review CPF interest rates periodically to ensure their relevance in the prevailing operating environment, said Manpower Minister Tan See Leng. While changing the computation method can translate into some marginally higher CPF interest payments, CPF members already have much higher interest and a greater boost to their CPF savings, he said in reply to an MP’s question in Parliament on Wednesday (Feb 7).