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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 Singapore Civil Service is the bureaucracy of civil servants that supports the Government of Singapore. Along with the Singapore Armed Forces (SAF), statutory boards, and other independent government bodies, the civil service makes up the overall public service of Singapore. [1] As of 2022, the civil service has about 87,000 employees. [2]
The Ministry of Home Affairs (MHA; Malay: Kementerian Ehwal Dalam Negeri; Chinese: 内政部; Tamil: உள்துறை அமைச்சு), sometimes referred to as the Home Team, is a ministry of the Government of Singapore responsible for overseeing the national security, public security, civil defence, border control and immigration of Singapore.
An employee's MPF assets are fully vested, and are portable when the employee changes employers. Benefits that have accrued under the scheme of a former employer can be transferred to a scheme operated by the new employer. [8] There are strict guidelines on the types of assets in the investment funds.
The Ministry of Manpower (MOM; Malay: Kementerian Tenaga Manusia; Chinese: 新加坡人力部; Tamil: மனிதவள அமைச்சு) is a ministry of the Government of Singapore responsible for the formulation and implementation of policies related to the workforce in Singapore.
Lawmakers and pension experts have urged the Hong Kong government to follow Australia's lead and allow employees to dip into their savings in the city's pension scheme to help them cope with the ...
Singapore maintains an active conscription system in accordance with the regulations set by the Government of Singapore, known as National Service (NS). [1] This requires all qualified male Singaporean citizens and second-generation permanent residents to serve a period of active duty military service in the uniformed services. [2] [dead link ]
The Ministry of Finance (MOF; Malay: Kementerian Kewangan; Chinese: 财政部; Tamil: நிதி அமைச்சு) is a ministry of the Government of Singapore responsible for managing the fiscal policies and the structure of the economy of Singapore.