Platform workers who opt out of CPF may keep more cash now, but lose out on platform contributions and long-term retirement savings ...
Singapore will raise retirement and re-employment ages to 64 and 69 from 1 July 2026, while launching a new CPF life-cycle investment scheme by 2028. Manpower Minister Dr Tan See Leng said fees will ...
Errant employers face fines of up to S$20,000 per fraudulent work pass application and a ban on hiring foreign workers Read more at The Business Times.
“We will select two to three credible providers to keep choices simple for members,” says Wong, adding that a key requirement is for providers to keep fees low. In a bid to strengthen retirement ...
With the CPF Ordinary Wage cap rising to $8,000 in 2026, more pay goes into CPF. But is this a steep cut on workers’ monthly take‑home? (Photo: ROSLAN RAHMAN/AFP via Getty Images) Wages are rising, ...
Minister for Manpower Dr Tan See Leng defends Workfare's payout structure for oldest workers, saying CPF contributions still meet near-term needs. WIS payments raised across all age bands from 2025.
The Ministry of Manpower periodically reviews the eligibility criteria for the Silver Support Scheme. In 2021, the total CPF contribution (TCC) was doubled from S$70,000 to S$140,000. In 2025, the ...