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6 days ago · The current base interest rate is 2.5% per annum for the Ordinary Account, and 4% per annum for Special, MediSave and Retirement accounts.
- CPFB | Earning CPF interest
The interest rate for Special, MediSave and Retirement...
- CPF interest rates from 1 July 2023 to 30 September 2023
Interest Rate for Special and MediSave Accounts. The SMA...
- CPFB | Earning CPF interest
The interest rate for Special, MediSave and Retirement Account is 4.08% per annum from 1 July 2024 to 30 September 2024. Rate structure. How are CPF interest rates determined? More about CPF interest rates. Ordinary Account interest rate. Interest rate from 1 July 2024 to 30 September 2024: 2.5% per annum.
Jun 17, 2024 · The higher floor rate of 4.0% interest return on our Special Account (SA), MediSave Account (MA) and Retirement Account (RA) is technically not mandated, but is a commitment that the government has made.
- Dinesh Dayani
Feb 17, 2024 · The Ministry of Finance said savings in the Special Account, some of which can be withdrawn anytime for members aged 55 and older, should not be earning a higher interest rate.
Jul 1, 2023 · Interest Rate for Special and MediSave Accounts. The SMA interest rate will be 4.01% per annum from 1 July 2023 to 30 September 2023. Interest Rate for Retirement Account. The RA interest rate will be maintained at 4% per annum from 1 January 2023 to 31 December 2023, as announced on 29 November 2022. Public Enquiries.
Feb 21, 2024 · From 2008, the Special Account rate was pegged to the “12-month average yield of 10-year Singapore Government Securities plus 1%”. Using this calculation, the interest rate on our Special Account was 4.08%. This is higher than the floor rate, and thus we receive the higher amount.
May 30, 2023 · SINGAPORE – The interest rate for the Special and MediSave Account (SMA) of Central Provident Fund (CPF) members will increase to 4.01 per cent per annum, up from 4 per cent, for the...
