A Singapore Government Agency Website 

Why is the increase in CPF contributions from 1 January 2022 fully allocated to the Special Account (SA)?

cpfLogo

cpf

Source: https://www.cpf.gov.sg/member

The increase in CPF contributions is fully allocated to the Special Account (SA) to maximise interest earned and provide a bigger boost to workers’ retirement incomes, as recommended by the Tripartite Workgroup on Older Workers.

This information provided here is sourced from the CPF website.


Let other citizens know if this answer was helpful
Did this answer your question?

Can’t find what you’re looking for?