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The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing [ 3 ] needs in Singapore. The CPF is an employment-based savings ...
Logo of the Insolvency and Public Trustee's Office. The Insolvency & Public Trustee's Office (IPTO) in Singapore is a department under the Ministry of Law.IPTO oversees the administration of individual and corporate insolvencies, the administration of small intestate estates and un-nominated Central Provident Fund (CPF) monies, as well as the licensing and regulation of moneylenders and ...
The National Registration Identity Card (NRIC), colloquially known as "IC" (Malay: Kad Pengenalan Pendaftaran Negara; Chinese: 身份证; pinyin: Shēnfèn Zhèng; Tamil: அடையாள அட்டை, romanized: Aṭaiyāḷa Aṭṭai), is a compulsory identity document issued to citizens and permanent residents of Singapore. [1]
Permanent residency in Singapore is an immigration status in Singapore, second only to Singaporean citizens in terms of privileges. Collectively, both Singaporean citizens and permanent residents form the country's resident population and are calculated together in terms of census data and statistics. A permanent resident (PR) of Singapore have ...
In the early 2020s, Singapore's public housing is located in new towns, in communities that are intended to be self-contained, with services nearby housing blocks, and is either owned by or rented to residents. Lessee-occupied public housing is sold on a 99-year lease and can be sold on the private resale market under certain restrictions.
The statutory boards of the Government of Singapore are autonomous organisations that have been tasked to perform an operational function by legal statutes passed as Acts in the Parliament of Singapore. The statutes define the purpose, rights and powers of each authority. These organisations would usually subsequently report to one specific ...
Additional CPF Housing Grant. Additional Housing Grant (abbrev: AHG) was an additional subsidy over and above the regular market subsidy and Central Provident Fund Housing Grant that new and resale Housing and Development Board flat buyers in Singapore can enjoy. It offsets the purchase price of a new or resale HDB flat in Singapore, thereby ...
As of 2023, the total size of the reserves has been estimated to be at least S$ 2.5 trillion (2024) (US$ 1.87 trillion), based on publicly available data from GIC, [a] Temasek, [b] MAS, [c] and CPF, [d] among others. It is generally assumed that Singapore's reserves are far-reaching and significant. However, the Government has consistently ...