CPF Quarterly Statistics
SECTION A – MEMBERS’ ACCOUNTS
A1. Membership
As at 30 June 2008
Total No. of CPF Members1 3.20 million Total No. of Active CPF Members2 1.58 million Total No. of Active Employers3 105,031
1 CPF Member refers to a person (including self-employed) who has a positive balance in any of his accounts.
2 Active 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.
3 Active Employers refer to employers who had made payment for last month’s CPF contributions.
A2. Accounts and Balances
As at 30 June 2008
Total Members’ Balance S$143,399.8 m Ordinary Account S$62,848.9 m Special Account S$28,386.9 m Medisave Account S$40,917.1 m Retirement Account and Others S$11,246.9 m
A3. Contributions and Withdrawals
April to June 2008   Amount No. of Members Gross Contributions Received and Credited4 S$4,778.2 m - Net Withdrawals Released5 S$2,502.5 m - Withdrawals by members under:     Retirement     Section 15 & 25 of CPF Act S$685.6 m 43,201 (Age 55) 7,229 (Other grounds) Minimum Sum Scheme S$93.1 m - Housing     Public Housing Scheme S$1,151.7 m 622,812 (Withdrew and still own property) Residential Properties Scheme S$340.3 m 123,752 (Withdrew and still own property) Healthcare     Medisave Scheme6 S$201.7 m - MediShield Scheme S$41.7 m - Asset Enhancement     Investment Scheme (S$110.9 m) NA7 Other Schemes8 S$99.3 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 30 June 2008
Public Housing Scheme No. of Members 1,294,493 (Withdrew and still own property) Net Amount Withdrawn S$85,182.8 m Residential Properties Scheme No. of Members 224,601 (Withdrew and still own property) Net Amount Withdrawn S$46,345.7 m
B2. CPF Investment Scheme
CPFIS-OA
As at 30 June 2008
No. of Members9 893,909   Amount Percentage % Total Amount Invested S$27,953.1 m 100 Stocks + Loan Stocks S$4,526.9 m 16.2 Insurance Policies S$17,724.9 m 63.4 Unit Trusts S$5,488.3 m 19.6 Others S$213.0 m 0.8
CPFIS-SA
As at 30 June 2008
No. of Members10 549,224   Amount Percentage(%) Total Amount Invested S$7,916.9 m 100 Insurance Policies S$6,253.5 m 79.0 Unit Trusts S$1,663.4 m 21.0 Others S$0.0 m 0.0
CPFIS - Total Funds Still Available for Investment11
As at 30 June 2008
CPFIS-OA S$37,599.8 m CPFIS-SA S$11,105.8 m
9 No. of members with Investment Account. However, they may or may not hold any investments in their CPF Investment Accounts. 10 No. of members with investment holdings. 11 The total funds still available for investment exclude the first $20,000 in the Ordinary Account and first $20,000 in the Special Account which are no longer available for investment from 1 April 2008.
B3. CPF Insurance Schemes
Health Insurance
No. of Persons Amount MediShield Coverage (as at 30 Jun 2008) 2,941,531 NA Claims (Apr to Jun 2008) 45,960 S$41.8 m
Family Protection
No. of Persons Amount Home Protection Scheme Coverage (as at 30 Jun 2008) 663,011 S$83,304.5 m assured Claims (Apr to Jun 2008)     Under Death Grounds 204 S$17.2 m paid Under Permanent Incapacity Grounds 84 S$9.0 m paid
SECTION C – DEFAULT RATES12 FOR THE PERIOD  APRIL TO JUNE 2008
Sector Month Manufac-turing (%) Commerce (%) Construct-ion (%) Transport & Communi-cation (%) Financial & Business Services (%) Apr 2008 0.56 0.42 0.55 0.53 0.46 May 2008 0.50 0.51 0.70 0.57 0.44 Jun 2008 0.62 0.49 0.70 0.71 0.58 Overall Default Rates: MONTH OVERALL DEFAULT RATES % Apr 2008 0.46 May 2008 0.51 Jun 2008 0.56 Apr to Jun 2008 0.51
12 Definition of Default Rates: The default rate represents the percentage of employers who default CPF payments for two consecutive months.