What is CPF ?what can CPF be used for?

Let’s learn what is CPF ?what can CPF be used for. The most accurate or helpful solution is served by Yahoo! Answers.

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Answer:

That's a skyscraper in Singapore.

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Answer:

CPF. Central Provident Fund. It's a monthly reduction from your pay to make it as compulsory contribution...

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Answer:

CFP is is a file extension associated with CPF Editor Contract Preparation. Incorrect associations cause...

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How to represent a ratio of one for one on a CPF?

stuck on this question as im used to not having a ratio of 1 for 1. Used to having a ratio of say for example one chair for 0.6 desks between 2 countries. so i have constructed two ppcs for the 2 countries showing the max production for either goods...

Answer:

use comparative advantage, table

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Is it true that HDB wouln't deduct all your Ordinary CPF savings if bank mortgage could cover for it?

An example: HDB flat is $300,000. You are eligible to get a bank loan for 80%, which mean $240,000 from the bank mortgage and $60,000 will be deduct from the CPF. Your total combine CPF between husband and spouse have $100,000 each one with total of...

Answer:

What a great question. "Mind Twister"

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What are the drivers behind the failure of CPF as a retirement scheme for Singaporeans?

Most Singaporeans cannot meet the CPF minimum sum upon retirement. In other words, most Singaporeans face the risk of not having enough to retire. CPF is forced saving and Singaporeans are not allowed to touch this money until they have reached official...

Answer:

Caveat:  I'm basing this answer on the Wikipedia article, Central Provident Fund.  I've never been to...

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Is is possible to put in your own CPF if you have no CPF deductions?

If you're working in an agency which doesn't deduct your CPF, can you make your own contributions to your CPF when you get your pay?

Answer:

Yes, you can do your own CPF contributions.

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CPF is our money or Government saving???

CPF is Singaporean hard earn money, but you can't use it even when you are bankrupted! Even you are retired, you only can take it bit by bit monthly. And the Government can anytime change the policy on CPF withdrawal, and even "force" the Citizen...

Answer:

just keep this in mind....nothing is 100% yours in Singapore....u buy a car, it urs only for 10+++ yrs...

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GPF & CPF - which one is better?

GPF & CPF - which one is better? I happened to join the govt. service on August, 2006. Am I still entitled to subscribe to CPF. Please elaborate on advantages and disadvantages on GPF & CPF. Are they compulsory? Can I skip both and instead invest...

Answer:

Provision GPF allows employees of Govt. establishment to compulsorily deposit a certain percentage of...

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Did liberalizing CPF to buy property break it as a retirement scheme?

Almost 20 years ago, CPF(Singapore's state retirement scheme) was liberalized to allow Singaporeans to use it to buy property. Today, 20 years later, with the benefit of hindsight, is it fair to say that this liberalization has broken the original purpose...

Answer:

Depends on how you look at it. On the one hand it improved the usability of the Central Provident Fund...

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