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Website. www .cpf .gov .sg. 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, education and housing needs in Singapore.
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 private organisations ...
Adrian Tan Cheng Bock [1] [a] ( Chinese: 陈清木; pinyin: Chén Qīngmù; Pe̍h-ōe-jī: Tân Chheng-bo̍k; born 26 April 1940) is a Singaporean politician and medical doctor. A former member of the governing People's Action Party (PAP), he was the Member of Parliament (MP) for Ayer Rajah SMC between 1980 and 2006. After leaving the PAP, Tan ...
Superannuation in Australia or " super " is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to fund members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages.
The Central Provident Fund (CPF) Basic Retirement Sum (BRS) will rise by 3.5 per cent for the next five cohorts turning 55 from 2023 to 2027, Finance Minister Lawrence Wong said. CPF BRS to rise ...
Employees' Provident Fund ( EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector ...
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Keep in mind that retirement accounts, which include individual retirement accounts, Keogh accounts, and certain employer-sponsored accounts, such as 401(k), 403(b), and thrift savings accounts ...
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