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Singaporeans boosted retirement savings by S$6.7B in 2025’s first seven months, driven by policy changes and increased participation.
CPF members in Singapore made record voluntary contributions of S$6.7 billion to retirement savings in the first seven months of 2025, up from S$4.8 billion for all of 2024.
The surge was driven by policy changes including the increase in the Enhanced Retirement Sum and the closure of the Special Account for members aged 55 and above, prompting transfers to the Retirement Account.
A significant rise in participation in the Matched Retirement Savings Scheme also contributed, with over 130,000 seniors receiving top-ups—exceeding the full-year 2024 total.
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Los singapurenses aumentaron los ahorros para la jubilación en S $ 6.7B en los primeros siete meses de 2025, impulsados por cambios en las políticas y una mayor participación.