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  2. Central Provident Fund - Wikipedia

    en.wikipedia.org/wiki/Central_Provident_Fund

    www.cpf.gov.sg. Agency ID. T08GB0007E. 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.

  3. Singapore Civil Service - Wikipedia

    en.wikipedia.org/wiki/Singapore_Civil_Service

    The Singapore Civil Service is the bureaucracy of civil servants that supports the Government of Singapore. Along with the Singapore Armed Forces (SAF), statutory boards, and other independent government bodies, the civil service makes up the overall public service of Singapore. [1] As of 2022, the civil service has about 87,000 employees.

  4. Pioneer Generation Package - Wikipedia

    en.wikipedia.org/wiki/Pioneer_Generation_Package

    Pioneer Generation Package. The Pioneer Generation Package (PGP) is a S$9 billion package launched by the Government of Singapore in 2014, aimed at helping pioneering Singaporeans to meet retirement adequacy. PGP is designed as a series of healthcare and social support schemes to show gratitude towards pioneer Singaporeans for their ...

  5. Retirement age - Wikipedia

    en.wikipedia.org/wiki/Retirement_age

    The retirement age will gradually increase to 62 for males by 2028 and 60 for females by 2035. In 2021, the retirement age is 60.25 (age 60 and 3 months) for men and 50.33 (age 50 and 4 months) for women, the age will be increased by 3 months each year following for men and 4 months for women.

  6. Defined contribution plan - Wikipedia

    en.wikipedia.org/wiki/Defined_contribution_plan

    A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. [1] Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.

  7. What Are the General Guidelines for Saving for Retirement? - AOL

    www.aol.com/general-guidelines-saving-retirement...

    Here’s how much you should save by: Age 35: Experts suggest having saved at least one to two times your annual salary. For example, if your annual salary is $60,000, you should aim to have ...

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