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2. Central Provident Fund - Wikipedia

   en.wikipedia.org/wiki/Central_Provident_Fund

   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 ...

3. Pension policy in South Korea - Wikipedia

   en.wikipedia.org/wiki/Pension_policy_in_South_Korea

   Basic Old-Age Pension. South Korea introduced its Basic Old-Age Pension in 2008. According to the Ministry of Health, Welfare and Family Affairs, the Basic Old-Age Pension is "designed to enhance welfare of the elderly by providing a monthly pension payment to the elderly in need." [8] The pension was intended to benefit workers contributing to ...

4. Mandatory Provident Fund - Wikipedia

   en.wikipedia.org/wiki/Mandatory_Provident_Fund

   Mandatory Provident Fund. The Mandatory Provident Fund (Chinese: 強制性公積金), often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved ...

5. The Average Monthly Retirement Budget Is $4,345 — Can ... - AOL

   www.aol.com/average-monthly-retirement-budget-4...

   Average monthly housing costs: $1,272 for things like rent, mortgage payments, property taxes and home maintenance, which make up the largest portion of your budget both now and in retirement ...

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. Here Are the Average Social Security Benefits at Ages 62, 67 ...

   www.aol.com/finance/average-social-security...

   Claiming Social Security at 62 would reduce your monthly PIA by 30%; delaying benefits until 70 would increase it by roughly 24% (assuming your full retirement age is 67).