CPF QUARTERLY STATISTICS
	AS AT 31 MARCH 2003
	No. of CPF members 3.0 million Members' net balance $98,637.9 million Total no. of active employers 87,981
	FOR THE PERIOD JANUARY TO MARCH 2003
	Gross Contributions Received and Credited $4,593.4 million Withdrawals released $3,112.3 million

	CPF SCHEMES
	FOR THE PERIOD JANUARY TO MARCH 2003
	NO. OF MEMBERS AMOUNT $M A. RETIREMENT     a. Withdrawal upon reaching withdrawal age (ie. 55, 56, 57, etc)   126,043 members $464.6m withdrawn. b. Minimum Sum Scheme 8,795 members with minimum sum $123.3m set aside in the Retirement Account. c. Topping-Up the Minimum Sum   75 members received top-ups $2.3m topped-up by children, grandchildren or spouse. B. HEALTHCARE     a. Medisave   109,592 members withdrew from Medisave Account $94.3m withdrawn. b. MediShield       - Coverage 1,363,441 persons covered (as at 31.03.2003) Not Applicable   - Claims   25,628 claims approved $17.5m approved c. MediShield Plus       - Coverage 357,457 persons covered (as at 31.03.2003) Not Applicable   - Claims   2,948 claims approved $4.1m approved C. HOUSING     a. Public Housing Scheme  As at 31.03.2003   January to March 2003 1,215,453 members withdrew and still own the property   627,853 members withdrew and still own the property $63,393.0m withdrawn1 $1,806.9m withdrawn2 b. Residential Properties Scheme as at 31.03.2003   January to March 2003 192,626 members withdrew and still own the property   122,417 members withdrew and still own the property $36,435.0m withdrawn1 $810.3m withdrawn2

	1 Gross withdrawal by members who are living and still owning the properties. 2 Gross withdrawal by members for the quarter.
	Residential Properties Scheme (RPS) Applications
	Month No. of Applications Received under RPS (inclusive ECs**)  No. of EC Applications Received under RPS Jan 2003 718 57 Feb 2003 496 25 Mar 2003 643 41 TOTAL 1,857 123
	** EC = Executive Condominiums

	FOR THE PERIOD JANUARY TO MARCH 2003
	NO. OF MEMBERS AMOUNT $M D. FAMILY PROTECTION     a. Dependants' Protection Scheme       i. Coverage 1,553,621 persons insured (as at 31.03.2003) $55,302.3m – sum assured   ii. Claims under death ground 465 claims approved $16.7m approved   iii. Claims under permanent incapacity ground   204 claims approved $7.3m approved b. Home Protection Scheme       i. Coverage 678,512 persons insured (as at 31.03.2003) $75,206.1m – sum assured   ii. Claims under death ground 181 claims paid $13.1m paid   iii. Claims under permanent incapacity ground   96 claims paid $5.2m paid AS AT 31 MARCH 2003 E. a. ASSET ENHANCEMENTS Investments Under CPFIS - Ordinary Account (as at 31.03.2003) AMOUNT ($M) Stocks + Loan stocks + Property funds $7,649.0m Insurance policies $13,666.2m Unit Trusts $2,403.7m Others $153.3m Total Amount of Funds Invested $23,872.2m b. Investments Under CPFIS - Special Account (as at 31.03.2003) AMOUNT ($M) Insurance policies $3,536.2m Unit Trusts $710.6m Others $4.8m Total Amount of Funds Invested >$4,251.6m   Total Funds Still Available for Investments under CPFIS - Ordinary Account (as at 31.03.2003) $52,379.4m Total Funds Still Available for Investments under CPFIS - Special Account (as at 31.03.2003) $13,677.0m No. of Members who have invested under CPFIS - Ordinary Account# 729,577 No. of Members who have invested under CPFIS - Special Account # 414,830 # Includes all members who have participated in the scheme since inception. CPF Investment Scheme 1. No. of CPF Investment Accounts Opened TOTAL Jan 2003 2,365 } Feb 2003 2,297 } Mar 2003 3,147 }7,809 2. No. of Members who have withdrawn under CPFIS - Ordinary     Account##   Jan 2003 524,075 } Feb 2003 23,476 } NA Mar 2003 29,583 } ## Please note that a member may make more than 1 withdrawal over the 3-month period AS AT 31 MARCH 2003   NO.OF MEMBERS AMOUNT ($M) a. DelGro Shares Scheme (formerly known as SBS Shares Scheme)[Net Wdl]   13,255 members with shares $16.3m withdrawn b. Non-Residential Properties Scheme 5,417 members withdrew and still own the property $626.6m withdrawn1 c. Education Scheme# 98,031 (Applications approved) $674.4m withdrawn (Net)
1 Gross withdrawal by members who are living and still owning the properties. # Includes all members who have participated in the scheme since inception.

	DEFAULT RATES FOR THE PERIOD JANUARY TO MARCH 2003
	Sector Month Manufac- turing (%) Commerce (%) Construct- ion (%) Transport & Communi- cation (%) Financial & Business Services (%)   Jan 2003   0.95 0.67 1.22 0.96 0.76 Feb 2003   1.06 0.71 1.52 1.28 0.92 Mar 2003   1.21 0.82 1.60 0.98 0.89

	Overall Default Rates:
	MONTH OVERALL DEFAULT RATES % Jan 2003 0.84 Feb 2003 0.91 Mar 2003 0.96 Jan to Mar 2003 0.90
	Definition of Default Rates:
	The default rate represents the percentage of employers who default CPF payments for two consecutive months.