SINGAPORE – More staff are assembly their cohort’s Central Provident Fund Basic Retirement Sum (BRS) at age 55, even because the sum is raised annually.
This is probably going because of components equivalent to rising wages and labour pressure participation charges, authorities schemes to spice up retirement financial savings, and extra voluntary top-ups, observers advised The Straits Times.
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The post Better jobs, voluntary top-ups amongst components boosting CPF financial savings first appeared on Umorr.