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CPF Statistics
 

  CPF Quarterly Statistics
 
SECTION A – MEMBERS’ ACCOUNTS
 
A1. Membership
   
 
As at 31 March 2005
 
Total No. of Members
3.0 million
Total No. of Active Members1
1.3 million
Total No. of Active Employers2
89,683
   
 
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 March 2005
 
Total Members’ Balance
S$114,886.7 m
Ordinary Account
S$58,663.4 m
Special Account
S$18,492.2 m
Medisave Account
S$32,386.7 m
Retirement Account and Others
S$5,344.4 m
   
  A3. Contributions and Withdrawals
   
 
 
January to March 2005
 
Amount
No. of Members
Gross Contributions Received and Credited3
S$4,524.6 m
-
Net Withdrawals Released4
S$2,400.5 m
-
Withdrawals by members under:
Retirement
   
  • Section 15 & 25 of CPF Act
  • S$637.5 m
    121,348 (Age 55)
    6,199 (Other grounds)
  • Minimum Sum Scheme
    • S$85.5 m

      -

      Housing
       
       
    • Public Housing Scheme
      • S$1,174.3 m
        633,829
        (Withdrew and still own property)
      • Residential Properties Scheme
        • S$592.9 m
          126,245
          (Withdrew and still own property)
          Healthcare
           
           
        • Medisave Scheme
          • S$128.4 m5
            -
          • MediShield Scheme
            • S$13.5 m
              -
              Asset Enhancement
               
               
            • Investment Scheme
              • S$47.3 m
                NA6
                Other Schemes7
                (S$278.9 m)
                -
                   
                  3Includes Government Grants.
                4Net Withdrawals refer to withdrawals net of refunds.
                5Includes ElderShield and Private Medical Insurance Schemes.
                6Please note that a member may make more than 1 withdrawal over the 3-month period.
                7Other 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 March 2005
                 
                Public Housing Scheme
                No. of Members
                1,251,620
                (Withdrew and still own property)
                Net Amount Withdrawn
                S$71,361.5 m
                Residential Properties Scheme
                No. of Members
                209,933
                (Withdrew and still own property)
                Net Amount Withdrawn
                S$40,400.1 m
                   
                  B2. CPF Investment Scheme
                   
                  CPFIS-OA
                  As at 31 March 2005
                 
                No. of Members8
                745,854
                 
                Amount
                Percentage %
                Total Amount Invested
                S$23,999.9m
                100
                Stocks + Loan Stocks
                S$6,303.8 m
                26.3
                Insurance Policies
                S$15,010.4 m
                62.5
                Unit Trusts
                S$2,532.1 m
                10.6
                Others
                S$153.6 m
                0.6
                   
                  CPFIS-SA
                  As at 31 March 2005
                 
                No. of Members9
                431,642
                 
                Amount
                Percentage(%)
                Total Amount Invested
                S$4,637.9m
                100
                Insurance Policies
                S$4,013.0 m
                86.5
                Unit Trusts
                S$620.1 m
                13.4
                Others
                S$4.8 m
                0.1
                   
                  CPFIS - Total Funds Still Available for Investment
                  As at 31 March 2005
                 
                CPFIS-OA
                S$57,376.0 m
                CPFIS-SA
                S$18,097.2 m
                   
                  8No. of members with Investment Account. However, they may or may not hold any investments in their CPF Investment Accounts.
                9No. of members with investment holdings. 
                   
                  B3. CPF Insurance Schemes
                   
                  Health Insurance
                 
                 
                No. of Persons
                Amount
                MediShield
                Coverage (as at 31 Mar 2005)
                1,293,395
                NA
                Claims (Jan to Mar 2005)
                24,556
                S$17.0 m
                MediShield Plus
                Coverage (as at 31 Mar 2005)
                335,641
                NA
                Claims (Jan to Mar 2005)
                3,335
                S$4.2 m
                   
                  Family Protection
                 
                 
                No. of Persons
                Amount
                Dependants’ Protection Scheme
                Coverage (as at 31 Mar 2005)
                1,649,329
                S$75,850.4 m assured
                Claims (Jan to Mar 2005)
                 
                 
                • Under Death Grounds
                490
                S$21.9 m paid
                • Under Permanent Incapacity Grounds
                200
                S$9.1 m paid
                Home Protection Scheme
                Coverage (as at 31 Mar 2005)
                676,158
                S$80,542.7 m assured
                Claims (Jan to Mar 2005)
                 
                 
                • Under Death Grounds
                189
                S$16.5 m paid
                • Under Permanent Incapacity Grounds
                85
                S$7.1 m paid
                   
                 
                SECTION C – DEFAULT RATES10 FOR THE PERIOD
                JANUARY TO MARCH 2005
                   
                 
                   Sector

                Month

                Manufac-turing
                (%)
                Commerce
                (%)
                Construct-ion
                (%)
                Transport & Communi-cation
                (%)
                Financial & Business Services
                (%)
                Jan 2005
                0.74
                0.43
                0.84
                0.69
                0.57
                Feb 2005
                0.88
                0.63
                1.24
                0.86
                0.80
                Mar 2005
                0.68
                0.53
                0.99
                0.77
                0.69

                Overall Default Rates:

                MONTH
                OVERALL DEFAULT RATES %
                Jan 2005
                0.57
                Feb 2005
                0.78
                Mar 2005
                0.63
                Jan to Mar 2005
                0.66
                   
                  10Definition of Default Rates:
                The default rate represents the percentage of employers who default CPF payments for two consecutive months.

                   

                 Last Updated on: Thursday, August 28, 2008 at 9:10 PM
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