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Learn about the CPF, a compulsory savings and pension plan for Singaporeans and permanent residents. Find out its history, accounts, interest rates, contribution rates, retirement schemes and more.
A defined contribution plan is a retirement plan in which the employer, employee or both make contributions to individual accounts that are invested and credited with earnings. Learn about the types, benefits, risks and examples of defined contribution plans in different countries.
The reserves of the Government of Singapore is a collection of assets, after subtracting for liabilities, owned by the Government of Singapore and the entities listed in the fifth schedule of the Constitution, such as the Central Provident Fund (CPF), Housing and Development Board (HDB) and Temasek Holdings amongst others.
Learn about Singapore's highly developed mixed market economy with dirigiste characteristics, ranked as the most open, least corrupt and pro-business in the world. Find out its main industries, exports, imports, FDI, GDP, inflation, unemployment and more.
Singaporean and Singapore PR (SPR) employees are required to set aside part of the earnings and contribute to Central Provident Fund. [15] The employers are also required to contribute proportion of the earnings paid to their Singaporean and SPR employees to the fund. The contribution rates to CPF vary depending on income range and age bracket.
Medisave is a mandatory scheme that allows Singaporeans to save part of their income for healthcare expenses. Learn how it works, who can contribute and withdraw from it, and what are the benefits and limitations of Medisave.
Learn about the history, structure, and performance of Singapore's healthcare system, which is based on a mix of public and private sectors. Find out how Singapore ranks among the world's health systems and what challenges it faces in the future.
Learn about the history and current policies of race and ethnicity in Singapore, based on the Chinese-Malay-Indian-Others (CMIO) model. Find out how race affects government policies, constitutional rights, language education, and minority protection.