Every dollar of cash top-ups made to eligible members will be matched by the Government, up to an annual cap of S$600. - ST
SINGAPORE (The Straits Times/ANN): Seventy thousand Central Provident Fund (CPF) members will receive about S$40 million in matching grants from the Government in January next year for cash top-ups made to their Retirement Account (RA) in the first half of this year.
The top-ups and matching grants will increase their monthly retirement payouts, said the CPF Board on Wednesday (Aug 18).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
