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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 ...
The statutory boards that come under the president's purview are the Central Provident Fund Board (CPF Board), the Housing and Development Board, JTC Corporation and the Monetary Authority of Singapore, while the Government companies are the Government of Singapore Investment Corporation Pte. Ltd., MND Holdings Pte. Ltd., and Temasek Holdings ...
Ng stepped down as the chief executive officer of the CPF Board on 1 April 2019. [5] Ng remained a senior advisor at the MOM and CPF Board, as well as on the board committee for transformation at Public Utilities Board, as of March 2021. He was appointed as a non-executive and independent director of Great Eastern Holdings. [6]
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.
Another example can be found when Central Provident Fund (CPF) monies are used by the CPF Board to invest in the exclusive purchase of Government-issued Special Singapore Government Securities (SSGS), the proceeds from these purchases go into the Past Reserves. [10] Current Key Statutory Boards: [11] Central Provident Fund Board (CPF)
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The list is not exhaustive such as family financial problems (e.g. health-cost issues, jobs seeking, financial assistance), CPF matters, various licenses, HDB-related problems (e.g. subsidised rental housing, obtaining a subsidised HDB flat), immigration issues, and appeals for school admissions and school fee subsidy, [1] neighbor and any ...
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.