| To help Singaporeans improve retirement adequacy and work longer, the Government will introduce five key changes, along three thrusts announced by Prime Minister Lee Hsien Loong in his National Day Rally Speech on 19 August 2007. |
Help Singaporeans work longer:
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- Institute re-employment legislation by 2012, to require employers to offer re-employment to workers reaching 62, up to age 65, and eventually to 67
- Reward work by further increasing the Workfare Income Supplement (WIS) for older workers
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| Improve the returns on Central Provident Fund (CPF) savings:
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- Increase CPF interest rates
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| Make savings last for life expectancy:
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- Progressively raise the draw-down age
- Introduce CPF LIFE
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| 1. |
Higher Interest Rates |
| 2. |
Lifelong Payment: Delayed Draw-down Age |
| 3. |
Lifelong Payment: Deferment Bonus (D-Bonus) |
| 4. |
Lifelong Payment: Voluntary Bonus (V-Bonus) |
| 5. |
CPF LIFE |
| 6. |
Re-employment & Workfare Improvement Scheme (WIS) |
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| 1. |
A Simple Guide To CPF And Other Changes: More $ For Your Retirement |
| 2. |
InTouch with CPF |
| 3. |
Videos |
| 4. |
Calculators |
| 5. |
Brochures |
| 6. |
Press Release and Speeches |
| 7. |
Frequently Asked Questions (FAQs) |