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1. www.cpf.gov.sg › member › growing-your-savingsCPFB | Earning CPF interest

   www.cpf.gov.sg › member › growing-your-savings

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   1 day ago · Interest on your CPF savings. To help boost retirement savings, the Government pays extra interest on the first $60,000 of your combined balances, which is capped at $20,000 for Ordinary Account (OA).

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     Schemes - CPFB | Earning CPF interest

2. www.cpf.gov.sg › member › infohubHow to use CPF LIFE as the cornerstone of your retirement...

   www.cpf.gov.sg › member › infohub

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   1 day ago · There are 3 things to note about CPF LIFE: 1) The Split Between Amounts in RA and Annuity Pool. At age 65, if you choose the Basic Plan, CPFB will transfer about 10%-20% of the savings in your RA to the annuity pool. This amount is known as the “Annuity Premium” which currently earns 4%* p.a. interest.

3. www.cpf.gov.sg › service › articleCPFB | What are the CPF interest rates?

   www.cpf.gov.sg › service › article

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   5 days ago · To help boost retirement savings, the Government pays extra interest on the first $60,000 of your combined CPF balances, which is capped at $20,000 for Ordinary Account (OA). Please refer to details on extra interest in the table below.

4. ask.gov.sg › cpfGrowing your savings - CPF - ask.gov.sg

   ask.gov.sg › cpf

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   5 days ago · Savings in the Special, MediSave, and Retirement Accounts (SMRA) earn the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%, subject to the current floor interest rate of 4% per annum. This is reviewed quarterly.

5. www.mom.gov.sg › employment-practices › progressive-wage-modelLocal Qualifying Salary - Ministry of Manpower

   www.mom.gov.sg › employment-practices › progressive-wage-model

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   5 days ago · Local Qualifying Salary. The Local Qualifying Salary (LQS) determines the number of local employees who can be used to calculate a firm’s Work Permit and S Pass quota entitlement. The LQS is $1,600 today.

6. www.mom.gov.sg › employment-practices › employment-actWorkright: know your employment rights - Ministry of Manpower

   www.mom.gov.sg › employment-practices › employment-act

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   5 days ago · What is Workright. Launched in 2012 by MOM and CPF Board, Workright seeks to raise awareness of and national compliance with the Employment Act and the CPF Act. Workright conducts annual education campaigns through media publicity and on-ground roadshows in the heartlands.

7. www.straitstimes.com › business › interest-earned-on-cpfInterest earned on CPF balances and retirement payouts hit new...

   www.straitstimes.com › business › interest-earned-on-cpf

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   4 days ago · The CPF Board said in its 2023 annual report that it paid out $21 billion in interest on CPF balances, an increase of 6.1 per cent from $19.8 billion in 2022.