Complete Central Provident Fund Guide for Foreign Workers in Singapore
The Central Provident Fund (CPF) is a mandatory savings scheme in Singapore that sets aside a portion of an individual’s salary for retirement, housing, and healthcare needs. This compulsory savings plan ensures a secure financial future for Singapore citizens and Permanent Residents (PRs). While the CPF is primarily designed for locals, it’s crucial for foreign […]
CPF Singapore: Understanding Contribution Changes Effective from 1 January 2025
The Central Provident Fund (CPF) is a social security scheme in Singapore that plays a crucial role in supporting citizens and Permanent Residents (PRs) throughout their lives. Every year, the Singapore government reviews and adjusts CPF contribution rates to ensure the scheme’s sustainability and meet the evolving needs of the population. This blog delves into […]