CPF Quarterly Statistics
	SECTION A – MEMBERS’ ACCOUNTS
	A1. Membership
	As at 31 December 2004
	Total No. of Members 3.0 million Total No. of Active Members1 1.3 million Total No. of Active Employers2 89,938
	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 31 December 2004
	Total Members’ Balance S$111,873.8 m Ordinary Account S$57,024.5 m Special Account S$17,725.6 m Medisave Account S$32,109.3 m Retirement Account and Others S$5,014.4 m
	A3. Contributions and Withdrawals
	October to December 2004   Amount No. of Members Gross Contributions Received and Credited S$3,674.2 m - Net Withdrawals Released3 S$2,356.1 m - Withdrawals by members under: Retirement     Section 15 & 25 of CPF Act S$657.9 m 113,502 (Age 55) 5,706 (Other grounds) Minimum Sum Scheme S$104.1 m - Housing     Public Housing Scheme S$863.7 m 626,741 (Withdrew and still own property) Residential Properties Scheme S$546.2 m 127,768 (Withdrew and still own property) Healthcare     Medisave Scheme S$288.8 m4 - MediShield Scheme S$13.9 m - Asset Enhancement     Investment Scheme S$137.1 m NA5 Other Schemes6 (S$255.6 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, Education Scheme, Special Discounted Shares Scheme, etc.
	SECTION B – PARTICIPATION UNDER CPF SCHEMES
	B1. CPF Housing Scheme
	As at 31 December 2004
	Public Housing Scheme No. of Members 1,247,060 (Withdrew and still own property) Net Amount Withdrawn S$70,279.4 m Residential Properties Scheme No. of Members 208,341 (Withdrew and still own property) Net Amount Withdrawn S$39,905.9 m
	B2. CPF Investment Scheme
	CPFIS-OA
	As at 31 December 2004
	No. of Members7 741,679   Amount Percentage % Total Amount Invested S$24,126.3m 100 Stocks + Loan Stocks S$6,486.5 m 26.9 Insurance Policies S$15,014.0 m 62.2 Unit Trusts S$2,521.2 m 10.5 Others S$104.6 m 0.4
	CPFIS-SA
	As at 31 December 2004
	No. of Members8 432,965   Amount Percentage(%) Total Amount Invested S$4,628.6m 100 Insurance Policies S$3,991.5 m 86.2 Unit Trusts S$632.2 m 13.7 Others S$4.9 m 0.1
	CPFIS - Total Funds Still Available for Investment
	As at 31 December 2004
	CPFIS-OA S$56,118.0 m CPFIS-SA S$17,516.7 m
	7No. of members with Investment Account. However, they may or may not hold any investments in their CPF Investment Accounts. 8No. of members with investment holdings.
	B3. CPF Insurance Schemes
	Health Insurance
	No. of Persons Amount MediShield Coverage (as at 31 Dec 2004) 1,294,894 NA Claims (Oct to Dec 2004) 25,143 S$17.3 m MediShield Plus Coverage (as at 31 Dec 2004) 337,293 NA Claims (Oct to Dec 2004) 3,167 S$4.1 m
	Family Protection
	No. of Persons Amount Dependants’ Protection Scheme Coverage (as at 31 Dec 2004) 1,627,356 S$74,943.1 m assured Claims (Oct to Dec 2004)     Under Death Grounds 414 S$19.6 m paid Under Permanent Incapacity Grounds 256 S$11.9 m paid Home Protection Scheme Coverage (as at 31 Dec 2004) 678,133 S$80,023.5 m assured Claims (Oct to Dec 2004)     Under Death Grounds 188 S$17.3 m paid Under Permanent Incapacity Grounds 74 S$4.9 m paid
	SECTION C – DEFAULT RATES9 FOR THE PERIOD OCTOBER TO DECEMBER 2004
	Sector Month Manufac-turing (%) Commerce (%) Construct-ion (%) Transport & Communi-cation (%) Financial & Business Services (%) Oct 2004 0.79 0.52 1.12 1.03 0.62 Nov 2004 0.88 0.52 1.18 0.62 0.55 Dec 2004 0.75 0.55 1.07 0.65 0.64 Overall Default Rates: MONTH OVERALL DEFAULT RATES % Oct 2004 0.68 Nov 2004 0.65 Dec 2004 0.66 Oct to Dec 2004 0.66
	9Definition of Default Rates: The default rate represents the percentage of employers who default CPF payments for two consecutive months.