CPF 2025 Changes

[coyote]

If all citizens withdraw cpf $$$$$$$$ at the same time, does the Govt has enough $$$$$$$$ to return to owners?!?!

Why would all citizens suddenly withdraw CPF at the same time? Or under what circumstances do you think will result in the scenario you mentioned?

 

[daveteo88]

If all citizens withdraw cpf $$$$$$$$ at the same time, does the Govt has enough $$$$$$$$ to return to owners?!?!

If everybody draw out all their savings will the bamk be able to pay back?

 

[DragonFire]

Drop from 4.08% to 4%... what do u think?

Do you understand why this happened?

 

[DragonFire]

TS one important detail left out.

SA funds will move to RA only up till FRS in RA. If there is excess, monies will move to OA.

 

[testerjp]

Every time there's a change, it's harder and harder to get withdrawn.

Eventually they say cannot withdraw at all, wcyd?

 

[sAVaGEmP5]

.08 % only or 8 basis pt. If u kpkb means ur cpf alot to make a diff.

 

[daveteo88]

Starting 1 January 2025, several important updates will affect Central Provident Fund (CPF) members, including a drop in the interest rate for the Special, MediSave, and Retirement accounts to 4 per cent per annum for the first quarter of the year.

The Ordinary Account interest rate will remain unchanged at 2.5 per cent.

As part of efforts to bolster retirement savings, members will continue to receive extra interest, particularly those aged 55 and above.

In healthcare, the Basic Healthcare Sum (BHS) will increase to $75,500 for those under 65. Moreover, a major change is the closure of the Special Account (SA) for seniors, with balances moved to the Retirement Account. The Enhanced Retirement Sum (ERS) will also rise, offering higher payouts in retirement for those who top it up. The CPF salary ceiling will also be adjusted to $7,400 to reflect rising wages.

Read on the upcoming CPF updates for 2025 here.

Main change is Special Account closed that's all. Interest is not really big change. All along is 2.5% and 4%.

 

[NintendoSwitch]

If all citizens withdraw cpf $$$$$$$$ at the same time, does the Govt has enough $$$$$$$$ to return to owners?!?!

They keep raising the age limit to take out liao, u think leh?

 

[seanyboydad]

If all citizens withdraw cpf $$$$$$$$ at the same time, does the Govt has enough $$$$$$$$ to return to owners?!?!

raise the property price .... all use cpf to pay, use up liao loh.


relax dude.... take it easy.

 

[topiari]

Sneak attacks same like nric ?
Suddenly got change just never integrate to the people
The very people who actually own that money

 

[hachi]

Nowadays people withdraw paper money? Or just transfer the digits...

 

[nachtsid.er]

CPF
Bank
傻傻分不清

 

[JohnCena88]

Still pass on to your family loh

Your family will get in cash for your total balance in your CPF

 

[mickey88]

BHS increase to $75,500?!?

oh my tian ar

BHS easily hit..d rest are like shifting goalposts

 

[ramlee]

.08 % only or 8 basis pt. If u kpkb means ur cpf alot to make a diff.

1 meelian ish $800 you know

 

[dexterkim]

Starting 1 January 2025, several important updates will affect Central Provident Fund (CPF) members, including a drop in the interest rate for the Special, MediSave, and Retirement accounts to 4 per cent per annum for the first quarter of the year.

The Ordinary Account interest rate will remain unchanged at 2.5 per cent.

As part of efforts to bolster retirement savings, members will continue to receive extra interest, particularly those aged 55 and above.

In healthcare, the Basic Healthcare Sum (BHS) will increase to $75,500 for those under 65. Moreover, a major change is the closure of the Special Account (SA) for seniors, with balances moved to the Retirement Account. The Enhanced Retirement Sum (ERS) will also rise, offering higher payouts in retirement for those who top it up. The CPF salary ceiling will also be adjusted to $7,400 to reflect rising wages.

Read on the upcoming CPF updates for 2025 here.

 

[alex22]

Drop from 4.08% to 4%... what do u think?

Lightened a load?

 

[AUTUMN&WINTER]

No matter what, cannot change the age of payouts and the amount of payouts.

 

[Joe Mahmood]

Starting 1 January 2025, several important updates will affect Central Provident Fund (CPF) members, including a drop in the interest rate for the Special, MediSave, and Retirement accounts to 4 per cent per annum for the first quarter of the year.

The Ordinary Account interest rate will remain unchanged at 2.5 per cent.

As part of efforts to bolster retirement savings, members will continue to receive extra interest, particularly those aged 55 and above.

In healthcare, the Basic Healthcare Sum (BHS) will increase to $75,500 for those under 65. Moreover, a major change is the closure of the Special Account (SA) for seniors, with balances moved to the Retirement Account. The Enhanced Retirement Sum (ERS) will also rise, offering higher payouts in retirement for those who top it up. The CPF salary ceiling will also be adjusted to $7,400 to reflect rising wages.

Read on the upcoming CPF updates for 2025 here.

Related topic...

https://forums.hardwarezone.com.sg/...pf-if-we-vote-out-the-pap-government.7090024/

 

[itedino]

raise the property price .... all use cpf to pay, use up liao loh.


relax dude.... take it easy.

Our sinkie love to be torture