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CPF Statistics
 

 
  CPF Quarterly Statistics
 
SECTION A – MEMBERS’ ACCOUNTS
 
A1. Membership
   
 
AS AT 30 SEPTEMBER 2003
 
Total No. of Members 3.0 million
Total No. of Active Members1 1.3 million
Total No. of Active Employers2 87,853
   
 
1Active Member refers to a person who has at least one contribution paid for him for the current or any of the preceding 3 months. The figure excludes self-employed who are not employees concurrently.
2Active Employer refers to employers who had made payment for last month’s CPF contributions.
   
 
A2. Accounts and Balances
   
 
As at 30 September 2003
 
Total Members’ Balance
S$ 102,076.3 m
Ordinary Account
S$ 54,251.2 m
Special Account
S$ 14,926.5 m
Medisave Account
S$ 29,205.3 m
Retirement Account and Others
S$ 3,693.3 m
   
  A3. Contributions and Withdrawals
   
 
 
July to September 2003
 
Amount
No. of Members
Gross Contributions Received and Credited
S$3,818.0m
-
Net Withdrawals Released3
S$2,796.4 m
-
Withdrawals by members under:
Retirement
   
  • Section 15 of CPF Act
    • S$588.5 m
      39,837 (Age 55)
      5,708 (Other grounds)
    • Minimum Sum Scheme
      • S$79.9 m

        -

        Housing
         
         
      • Public Housing Scheme
        • S$1,094.6 m
          622,778
          (withdrew and still own property)
        • Residential Properties Scheme
          • S$518.8 m
            123,920
            (withdrew and still own property)
            Healthcare
             
             
          • Medisave Scheme
            • S$128.0 m4
              -
            • MediShield Scheme
              • S$61.8m
                -
                Asset Enhancement
                 
                 
              • Investment Scheme
                • S$283.0 m
                  NA5
                  Other Schemes6
                  S$41.8 m
                  -
                     
                   
                  3Net Withdrawals refer to withdrawals net of refunds.
                  4Includes ElderShield and Private Medical Insurance Schemes.
                  5Please note that a member may make more than 1 withdrawal over the 3-month period.
                  6Other schemes include Home Protection Scheme, Dependants’ Protection Scheme, and Education Scheme, etc.
                     
                   
                  SECTION B – PARTICIPATION UNDER CPF SCHEMES
                     
                    B1. CPF Housing Scheme
                     
                    As at 30 September 2003
                   
                  Public Housing Scheme
                  No. of Members
                  1,224,859
                  (withdrew and still own property)
                  Net Amount Withdrawn
                  S$ 65,546.2 m
                  Residential Properties Scheme
                  No. of Members
                  198,308
                  (withdrew and still own property)
                  Net Amount Withdrawn
                  S$ 37,470.7m
                     
                    B2. CPF Investment Scheme
                     
                    CPFIS-OA
                    As at 30 September 2003
                   
                  No. of Members7
                  748,852
                   
                  Amount
                  Percentage %
                  Total Amount Invested
                  S$23,740.0 m
                  100
                  Stocks + Loan Stocks
                  S$7,244.5 m
                  30.5
                  Insurance Policies
                  S$13,897.0 m
                  58.6
                  Unit Trusts
                  S$2,455.8 m
                  10.3
                  Others
                  S$142.7 m
                  0.6
                     
                    CPFIS-SA
                    As at 30 September 2003
                   
                  No. of Members8
                  432,310
                   
                  Amount
                  Percentage(%)
                  Total Amount Invested
                  S$4,374.9m
                  100
                  Insurance Policies
                  S$3,650.5 m
                  83.5
                  Unit Trusts
                  S$718.7 m
                  16.4
                  Others
                  S$5.7 m
                  0.1
                     
                    CPFIS - Total Funds Still Available for Investment
                    As at 30 September 2003
                   
                  CPFIS-OA
                  S$ 52,412.0m
                  CPFIS-SA
                  S$ 14,355.9m
                     
                    7No. of members who have invested under CPFIS – Ordinary Account (including all who have participated in the scheme since inception).
                  8No. of members who have invested under CPFIS – Special Account (including all who have participated in the scheme since inception).  
                     
                    B3. CPF Insurance Schemes
                     
                    Health Insurance
                   
                   
                  No. of Persons
                  Amount
                  MediShield
                  Coverage (as at 30 Sep 03)
                  1333,700
                  NA
                  Claims (Jul to Sep 03)
                  23,105
                  S$15.8 m
                  MediShield Plus
                  Coverage (as at 30 Sep 03)
                  350,897
                  NA
                  Claims (Jul to Sep 03)
                  2852
                  S$3.5 m
                     
                    Family Protection
                   
                   
                  No. of Persons
                  Amount
                  Dependants’ Protection Scheme
                  Coverage (as at 30 Sep 03)
                  1,562,310
                  S$73,006.8 m assured
                  Claims (Jul to Sep 03)
                   
                   
                  • Under Death Grounds
                  463
                  S$18.8 m paid
                  • Under Permanent Incapacity Grounds
                  196
                  S$8.2 m paid
                  Home Protection Scheme
                  Coverage (as at 30 Sep 03)
                  676,223
                  S$76,274.3 m assured
                  Claims (Jul to Sep 03)
                   
                   
                  • Under Death Grounds
                  167
                  S$13.5 m paid
                  • Under Permanent Incapacity Grounds
                  74
                  S$5.9 m paid
                     
                    SECTION C – DEFAULT RATES9 FOR THE PERIOD JULY TO SEPTEMBER 2003
                   
                       Sector

                  Month

                  Manufac-Turing
                  (%)
                  Commerce
                  (%)
                  Construct-ion
                  (%)
                  Transport & Communi-cations
                  (%)
                  Financial & Business Services
                  (%)
                  Jul 2003
                  1.00
                  0.61
                  1.41
                  0.95
                  0.80
                  Aug 2003
                  1.03
                  0.73
                  1.30
                  0.99
                  0.74
                  Sept 2003
                  1.01
                  0.65
                  1.27
                  0.85
                  0.90

                  Overall Default Rates:

                  MONTH
                  OVERALL DEFAULT RATES %
                  Jul 2003
                  0.79
                  Aug 2003
                  0.82
                  Sept 2003
                  0.83
                  Jul to Sep 2003
                  0.81
                     
                    9Definition of Default Rates:
                  The default rate represents the percentage of employers who default CPF payments for two consecutive months.

                     
                   

                   Last Updated on: Thursday, June 30, 2011 at 5:48 PM
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