Changes proposed to help build retirement savings; allow quicker publication of accident reports

Published Mon, Oct 2, 2017 · 01:27 PM

[SINGAPORE] More people may soon be able to help their elders save for retirement.

Changes to the Central Provident Fund (CPF) Act have been proposed in Parliament to lower the minimum amount they must hold in their own CPF accounts before making transfers to their parents and grandparents.

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