Last updated: 18 October 2010 Written by: Ben Facer It is a question that has been debated around the world for longer than I have been working in the retirement industry – should retirement benefits be provided in lump sum or in annuity form, or a combination of the two? Lump sum benefits have the advantages […]
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CPF Life">What you need to know about CPF Life
Tue, Oct 20, 2009 The Straits Times CURRENT SITUATION: When you reach 55, a CPF Retirement Account is created for you with savings from your Ordinary and Special accounts. Related links: » Close to 12,000 opt for CPF Life » Five different plans The Retirement Account earns 4 per cent interest until the end of next […]
CPF Nomination">CPF Nomination
CPF NOMINATION Your CPF nomination allows you to specify who to receive your CPF savings, and how much each nominee should receive, when you are no longer around. If you do not make a CPF nomination, your CPF savings will be distributed by the Public Trustee according to the intestacy laws. If you do wish to […]