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CPF Statistics
 

  CPF Quarterly Statistics
 
SECTION A – MEMBERS’ ACCOUNTS
 
A1. Membership
   
 
As at 31 December 2005
 
Total No. of CPF Members1
3.05 million
Total No. of Active CPF Members2
1.38 million
Total No. of Active Employers3
91,679
   
 
1CPF Member refers to a person (including self-employed) who has a positive balance in any of his accounts.
2Active CPF 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.
3Active Employers refer to employers who had made payment for last month’s CPF contributions.
   
 
A2. Accounts and Balances
   
 
As at 31 December 2005
 
Total Members’ Balance
S$119,787.5 m
Ordinary Account
S$58,569.8 m
Special Account
S$20,054.8 m
Medisave Account
S$34,763.1 m
Retirement Account and Others
S$6,399.8 m
   
  A3. Contributions and Withdrawals
   
 
 
October to December 2005
 
Amount
No. of Members
Gross Contributions Received and Credited4
S$3,731.4 m
-
Net Withdrawals Released5
S$3,330.7 m
-
Withdrawals by members under:
Retirement
   
  • Section 15 & 25 of CPF Act
  • S$613.7 m
    69,913 (Age 55)
    11,243 (Other grounds)
  • Minimum Sum Scheme
    • S$81.1 m

      -

      Housing
       
       
    • Public Housing Scheme
      • S$1,085.8 m
        630,959
        (Withdrew and still own property)
      • Residential Properties Scheme
        • S$768.2 m
          128,339
          (Withdrew and still own property)
          Healthcare
           
           
        • Medisave Scheme6
          • S$286.8 m
            -
          • MediShield Scheme
            • S$27.8 m
              -
              Asset Enhancement
               
               
            • Investment Scheme
              • S$425.7 m
                NA7
                Other Schemes8
                S$41.7 m
                -
                   
                  4Includes Government Grants.
                5Net Withdrawals refer to withdrawals net of refunds.
                6Includes ElderShield and Private Medical Insurance Schemes.
                7Please note that a member may make more than 1 withdrawal over the 3-month period.
                8Other 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 2005
                 
                Public Housing Scheme
                No. of Members
                1,262,350
                (Withdrew and still own property)
                Net Amount Withdrawn
                S$74,408.5 m
                Residential Properties Scheme
                No. of Members
                217,737
                (Withdrew and still own property)
                Net Amount Withdrawn
                S$42,272.8 m
                   
                  B2. CPF Investment Scheme
                   
                  CPFIS-OA
                  As at 31 December 2005
                 
                No. of Members9
                769,781
                 
                Amount
                Percentage %
                Total Amount Invested
                S$24,431.9 m
                100
                Stocks + Loan Stocks
                S$5,885.4 m
                24.1
                Insurance Policies
                S$15,590.9 m
                63.8
                Unit Trusts
                S$2,774.6 m
                11.4
                Others
                S$181.0m
                0.7
                   
                  CPFIS-SA
                  As at 31 December 2005
                 
                No. of Members10
                447,857
                 
                Amount
                Percentage(%)
                Total Amount Invested
                S$4,988.1 m
                100
                Insurance Policies
                S$4,328.7 m
                86.8
                Unit Trusts
                S$654.6 m
                13.1
                Others
                S$4.8 m
                0.1
                   
                  CPFIS - Total Funds Still Available for Investment
                  As at 31 December 2005
                 
                CPFIS-OA
                S$57,607.5 m
                CPFIS-SA
                S$19,812.2 m
                   
                  9No. of members with Investment Account. However, they may or may not hold any investments in their CPF Investment Accounts.
                10No. of members with investment holdings. 
                   
                  B3. CPF Insurance Schemes
                   
                  Health Insurance
                 
                 
                No. of Persons
                Amount
                MediShield
                Coverage (as at 31 Dec 2005)
                1,955,392
                NA
                Claims (Oct to Dec 2005)
                25,062
                S$21.2 m
                   
                  Family Protection
                 
                 
                No. of Persons
                Amount
                Dependants’ Protection Scheme
                Coverage (as at 31 Dec 2005)
                1,676,038
                S$80,522.4 m assured
                Claims (Oct to Dec 2005)
                 
                 
                • Under Death Grounds
                412
                S$19.0 m paid
                • Under Permanent Incapacity Grounds
                146
                S$6.7 m paid
                Home Protection Scheme
                Coverage (as at 31 Dec 2005)
                674,846
                S$81,976.5 m assured
                Claims (Oct to Dec 2005)
                 
                 
                • Under Death Grounds
                239
                S$19.1 m paid
                • Under Permanent Incapacity Grounds
                83
                S$7.5 m paid
                   
                 
                SECTION C – DEFAULT RATES11 FOR THE PERIOD
                OCTOBER TO DECEMBER 2005
                   
                 
                Sector


                Month
                Manufac-turing
                (%)
                Commerce
                (%)
                Construct-ion
                (%)
                Transport & Communi-cation
                (%)
                Financial & Business Services
                (%)
                Oct 2005
                0.56
                0.45
                0.75
                0.60
                0.51
                Nov 2005
                0.71
                0.56
                0.94
                0.81
                0.65
                Dec 2005
                0.67
                0.47
                0.81
                0.58
                0.54

                Overall Default Rates:

                MONTH
                OVERALL DEFAULT RATES %
                Oct 2005
                0.52
                Nov 2005
                0.64
                Dec 2005
                0.56
                Oct to Dec 2005
                0.57
                   
                  11Definition 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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