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  1. #1
    ................ chipmunk's Avatar
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    CPF, Medisave minimum sums raised from July 1

    SINGAPORE: There will be changes to the CPF Minimum Sum, the Medisave Minimum Sum and the Medisave contribution ceiling from July 1.

    The CPF Board said the new CPF Minimum Sum will be S$106,000 – up from S$99,600 currently. CPF Members who set aside this amount will get a monthly payout of S$910 from age 64 for about 20 years.

    The new Medisave Minimum Sum will be S$29,500, up from S$28,500.

    The Medisave contribution ceiling, which is the maximum balance a CPF member may have in his Medisave account, will be raised from the current S$33,500 to S$34,500.

    Any amount in excess of this will be transferred to the Special Account if the member is below 55 years old.

    The CPF Board said these revisions are to ensure that Singaporeans have sufficient savings for their retirement and to meet their hospitalisation expenses.

    The amounts have also been adjusted for inflation.


    http://www.channelnewsasia.com/stori...354395/1/.html


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  2. #2
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    Wtf...
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  3. #3
    Slacking In Progress
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    wth so much
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  5. #5
    Registered User buaya's Avatar
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    lol.. wtf? and i only got ard 10% of the medisave minimum after working for like... 1yr? like that must 10yrs then can hit loh...


  6. #6
    Green Power val_wilder's Avatar
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    they need money again.



  7. #7
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    Quote Originally Posted by chipmunk View Post
    The CPF Board said the new CPF Minimum Sum will be S$106,000 – up from S$99,600 currently. CPF Members who set aside this amount will get a monthly payout of S$910 from age 64 for about 20 years.
    Nbz. Before I am even 80 I think I already up lorry...

  8. #8
    Skidd kaikai's Avatar
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    Everything oso they say.....dun think I can even live past 70years. Ask them to take say $910/mth c whether they can tahan anot.

  9. #9
    Banned ktk's Avatar
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    adjusted for inflation.

    pay and pay.

  10. #10
    VRZ.Yunzong Yunzong's Avatar
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    Evil on the making

    Realistic ? How many % can make it for it

  11. #11
    Call Lightning Storm kyouta's Avatar
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    wtf .....

  12. #12
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    guess i nd to work for few decades to reach 100k for my cpf...