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The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing [3] needs in Singapore. The CPF is an employment-based savings ...
As of 2023, the total size of the reserves has been conservatively estimated to be at least S$2.5 trillion (2024) (US$ 1.87 trillion), based on publicly available data from GIC, [a] Temasek, [b] MAS, [c] and CPF, [d] among others. It is generally assumed that Singapore's reserves are bigger, far-reaching and significant than publicly acknowledged.
Singapore [b] Monetary Authority of Singapore / Government of Singapore Investment Corporation / Temasek Holdings / Central Provident Fund: 2,074: Non-commodity Norway [24] Government Pension Fund of Norway: 1,555: Oil & Gas Saudi Arabia [25] [26] Public Investment Fund / National Development Fund: 1,345: Oil & Gas Kuwait [27]
GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves.Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns above ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 January 2025. Economy of Singapore Skyline of Singapore's Downtown Core Currency Singapore dollar (SGD/S$) Fiscal year 1 April – 31 March Trade organisations WTO, APEC, CPTPP, IOR-ARC, RCEP, ASEAN and others Country group Developed/Advanced High-income economy Statistics Population 6,040,000 (2024 ...
Additional Housing Grant (abbrev: AHG) was an additional subsidy over and above the regular market subsidy and Central Provident Fund Housing Grant that new and resale Housing and Development Board flat buyers in Singapore can enjoy.
This list of Singapore abbreviations sets out abbreviations that are commonly used ... CPF - Central Provident ... This page was last edited on 29 November 2024, ...
The subsidy rates are higher than that of the CHAS blue card. Existing CHAS blue card holders can be subsidised up to S$18.50 per visit for common illnesses like colds and coughs. For simple chronic conditions like diabetes and hypertension, Merdeka Generation Chas blue card holders can be subsidised up to S$80 subsidy per visit, capped at S ...