PAP CPF Paid Sinkies S$18.3 Billion In Interest For 2021. Highest Amount Ever In PAP

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PAP CPF Paid Sinkies S$18.3 Billion In Interest For 2021. Highest Amount Ever In PAP

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04-07-2022, 06:40 PM

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PAP CPF Paid Sinkies S$18.3 Billion In Interest For 2021. Highest Amount Ever In PAP

An honorable member of the Coffee Shop Has Just Posted the Following:

SINGAPORE – Central Provident Fund (CPF) members’ balances have hit a new high, exceeding half a trillion dollars as at the end of last year.

Their balances grew by 9.4 per cent to $505.7 billion – from $462.1 billion in 2020 – according to the CPF Board’s annual report released on Monday (July 4).

A record $18.3 billion in interest was paid to members last year. In 2020, members received $16.8 billion in...

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