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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.
It contained a declaration by the CPF's Chairman and General Manager that this budget was not likely to draw on the Past Reserves of the CPF. The following month, the Council of Presidential Advisers (CPA) found that the budget showed a capital expenditure of S$27 million, which exceeded the operating surplus by S$4 million.
The Government explained that the CPF Board's accounts were prepared on an accrual basis. Thus, capital expenditure was depreciated over the useful life of each asset and not indicated as a lump sum in the year of expenditure. The Board's operating surplus of $23 million had been computed on the basis of annual depreciation of $11 million being ...
Lara Trump, President-elect Donald Trump's daughter-in-law who served as co-chair of the Republican National Convention during the 2024 election, said Saturday she is removing her name from ...
Because of the calendar, Social Security recipients who get Supplemental Security Income benefits get their first 2025 check on Dec. 31, 2024.
Here is a list of notable Ford vehicle recalls by month in 2024. Car recalls 2024: Stellantis, Chrysler (FCA US, LLC), recalls 2024: Check the list of models recalled.
A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. [1] Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.
A calendrical calculation is a calculation concerning calendar dates. Calendrical calculations can be considered an area of applied mathematics. Some examples of calendrical calculations: Converting a Julian or Gregorian calendar date to its Julian day number and vice versa (see § Julian day number calculation within that article for details).