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President Halimah Yacob's term of office was scheduled to end on 13 September 2023. The presidential election had to be held within three months of that date. [14] [15] Any Singaporean citizen who wished to be a candidate in the election had to apply and receive a Certificate of Eligibility (COE), as well as a community certificate. [16]
2020 Singaporean general election. General elections were held in Singapore on Friday, 10 July 2020 to elect 93 members [ c ] to the Parliament of Singapore across 31 constituencies. [ d ] Parliament was dissolved and the general election called by President Halimah Yacob on 23 June, on the advice of Prime Minister Lee Hsien Loong. [ 2 ]
The new cabinet was also announced, with Gan Kim Yong promoted as the next-in-line Deputy Prime Minister and Lee conferred as a Senior Minister, [21] though changes to the cabinet were minor until the next election. [22] On 7 July 2023, Tharman Shanmugaratnam resigned from all his positions in the government and as a member of the PAP in order ...
The voting age in Singapore is 21. The most recent general election was held on 10 July 2020. The People's Action Party (PAP) was returned to power to form the Government with 83 seats, while the Workers' Party (WP) secured ten seats by winning in Aljunied GRC, Hougang SMC and Sengkang GRC.
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 ...
Per the 2023 Shroders survey, "When asked to forecast how much monthly income they will need to enjoy a comfortable retirement, non-retired survey participants said $4,940, on average."
The estimated average monthly benefit for all retired workers in January 2024 was $1,907. Using 2000-2024 estimates, the annual hike in the average monthly benefit of all retired-worker ...
Average retirement income varies widely across the U.S. In the state with the highest-income retirees, the average retired household brings in more than twice as much in the state with the lowest ...