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The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing [3] needs in Singapore. The CPF is an employment-based savings ...
Ministry of Manpower building at Havelock Road, Singapore. The Ministry oversees 3 statutory boards, the Central Provident Fund Board, the Singapore Labour Foundation and Workforce Singapore.
Besides GIC, Singapore also owns another sovereign wealth fund, Temasek Holdings, with managed assets at about US$630 billion of assets under management, along with the national pension plan Central Provident Fund (CPF) with assets of US$397 billion, giving an estimated assets under management (AUM) of US$1.77 trillion. [8] The MAS also holds a further US$478 billion.
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.
In addition to Temasek, the Government of Singapore also owns GIC Private Limited, a traditional SWF which manages about US$744 billion (S$1.006 trillion) of assets as of 2022 [15][16] and the compulsory pension programme Central Provident Fund (CPF) with assets of US$397 billion (S$540 billion), [17] giving a total publicly known AUM of ...
Former CPF Building. The former CPF Building was a high-rise skyscraper located in the central business district of Singapore. The tower was located on 79 Robinson Road, in the Shenton Way and Tanjong Pagar zone. The building was near several other skyscrapers such as OUE Downtown, Robinson 77 and Capital Tower, which are all about 100 metres ...
One example is the Kandang Kerbau Women's and Children's Hospital, which is more commonly referred to as KKH. The most important category of Singapore initialisms are those for government departments and public institutions. Among the earliest examples are PUB ("Public Utilities Board") and HDB ("Housing Development Board").
A Montana cancer doctor for years saw up to 70 patients a day, double-billed federal health care programs and overprescribed pain medications to boost his income, the U.S. Attorney's Office said ...