Women and men should save differently for retirement – Women earn less over the course of their lifetimes and end up with less retirement savings than men. What can they do to ensure they don’t run out of money in retirement? When it comes to saving for retirement, you’ve probably heard the conventional advice to […]
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SINGAPORE: The retirement and re-employment ages for Singapore workers, will be progressively raised to 65 & 70 years old respectively under the law, to support older Singaporeans who wish to continue working to do so. Manpower Minister Tan See Leng told Parliament on Monday (Nov 1) that these changes will also better prepare Singaporeans for retirement. […]
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EPF – Only 3 percent of contributors can afford their retirement – says Nurhisham Hussein, the EPF chief strategy officer. Covid-19-related withdrawals over the past two years have had a massive impact on the savings of Employees Provident Fund (EPF) contributors. KUALA LUMPUR (Bernama) The EPF chief strategy officer said the Covid-19-related withdrawals, namely i-Sinar, […]
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Delaying retirement pays off – A new study finds that govt measures have boosted the number of older folk staying in the workforce. This productivity is important as Singapore becomes a super-aged society. Moves by the Government to raise the retirement age and increase employment of older folk have had a positive, if uneven, impact […]
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A CPF nomination provides CPF members with the option to specify who will receive their CPF savings, and how much each nominee should receive, upon their demise. You can make a nomination online by logging in with your SingPass via my cpf Online Services.To find out more on making a nomination online, you can view a video on “Your guide […]
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