Central Provident Fund

Retirement, Ministry of Manpower (Singapore), Permanent residency, Statutory boards of the Singapore Government
Herausgegeben:Ozihel, Harding

• Broschiertes Buch

Produktbeschreibung

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Central Provident Fund is a compulsory comprehensive savings plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare and housing needs. It is administered by the Central Provident Fund Board, a statutory board under the Ministry of Manpower. The CPF was started on 1 July 1955. Singapore introduced the CPF in 1955 as a compulsory savings scheme so as to allow workers to save for their retirement, 10 years after the end of the Japanese Occupation when people were struggling to make ends meet. With Singapore's entrance into developed status, life expectancy rose with the rising living standards. Singaporeans were required from 1987 to set aside a portion of their income to their CPF until the age of 55 to provide them with a basic monthly income when they retire.

Produktdetails

• Verlag: Alphascript Publishing / Frac Press
• Aufl.
• Seitenzahl: 76
• Englisch
• Abmessung: 220mm
• ISBN-13: 9786138141686
• ISBN-10: 6138141687
• Artikelnr.: 34497368