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CPF members to get higher sum assured, increased coverage for DPS

Published Fri, Oct 2, 2020 · 09:50 PM

Singapore

FROM next April, Central Provident Fund (CPF) members aged below 55 under the Dependants' Protection Scheme (DPS) will pay lower premiums in return for a higher sum assured.

For most age groups the sum assured will be raised to S$70,000, up from S$46,000 currently, the CPF Board announced on Friday.

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International

International

CPF members to get higher sum assured, increased coverage for DPS

KEYWORDS IN THIS ARTICLE

International

Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29

Beijing city to subsidise domestic AI chips, targets self-reliance by 2027

China passes tariff law as tensions with trading partners simmer

Blinken meets Chinese counterpart Wang Yi in Beijing

South Korea’s public finances no longer a credit rating ‘strength’: Fitch

UK consumer confidence improves as inflation and taxes fall

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