Median CPF payouts rose about 25% from 2019 to 2021 - CNA

SINGAPORE: Median Central Provident Fund (CPF) payouts grew about 25 per cent from 2019 to 2021, on the back of higher incomes, stronger labour force participation and enhancements to the CPF system. For the cohort that turned 65 in 2019, those who chose t…

The report comes in line with the broader observation that monthly CPF payouts have grown over generations, as noted by Manpower Minister Tan See Leng in January. He said this has been due to income… [+836 chars]

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