The CPF scheme and its economic implications

The CPF scheme and its economic implications

The Central Provident Fund (CPF) was established on July 1, 1955. It is essentially a compulsory savings fund to which both the employees and their employers contribute. The main intent of the CPF is to make funds available to employees when they reach retirement or cannot continue in employment due...

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Bibliographic Details
Main Authors: Koh, Wang Chin, Tay, Mona Chia Chia, Seng, Kim Thye
Other Authors: Nanyang Business School
Format: Final Year Project
Language:English
Published: 2014
Subjects:
DRNTU::Business
Online Access:http://hdl.handle.net/10356/59336
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Institution: Nanyang Technological University
Language: English
Description
Summary:The Central Provident Fund (CPF) was established on July 1, 1955. It is essentially a compulsory savings fund to which both the employees and their employers contribute. The main intent of the CPF is to make funds available to employees when they reach retirement or cannot continue in employment due to physical or mental incapacity.

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