On 19 January 2025, approximately 1.4 million CPF members aged 55 and above saw their Special Accounts closed down. This was a measure announced during the Singapore Budget 2024 last year – and gave ...
THE Central Provident Fund (CPF) Special Account (SA) was closed on Jan 19 for about 1.4 million CPF members, nearly a year after the closure was announced in Budget 2024. Over the past month, as ...
SINGAPORE: On Sunday, Jan 19, the Central Provident Fund (CPF) announced that it had closed the Special Accounts (SA) of around 1.4 million CPF members aged 55 and above. The SA closure was ...
The savings in their SA have been transferred into their RA up to the cohort’s Full Retirement Sum (FRS), which is two times the Basic Retirement Sum (BRS), or $213,000 in 2025, said the CPF ...
It's official: the Special Accounts (SA) for CPF members aged 55 and above have been closed on Jan. 19, 2025. Savings from the SA have been transferred to the Retirement Account (RA), up to ...
CHANGES to the Central Provident Fund (CPF) Act were passed in Parliament last October to legislate the closure of the CPF Special Account (SA) for members aged 55 and above in the second half of ...
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