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Minimum Sum is $123,000
$123,000 divided by 0.7 = $175,715
For those who have more than $175,715, in addition to keeping the Minimum Sum, also have to keep the Medisave Required Amount of $22,500, if the Medisave account has less than this amount
CPF: can’t withdraw more at 55 even with property pledge?
Posted by Spiegel on May 23, 2010 28 Comments The CPF Minimum Sum (MS) is the amount a member has to set aside in his or her Retirement Account (RA) for retirement needs. The RA is set up when a member reaches 55 years of age, drawing...
Home » Main Stories, Top Story, Uniquely Singapore » State funeral for truly exceptional contributorsState funeral for truly exceptional contributors
Posted by theonlinecitizen on May 15, 2010 74 Comments I refer to the report “State funeral for former DPM Goh Keng Swee” (Channel News Asia, May...
Effective last year, if you sell your HDB flat after age 55 to downgrade to a smaller flat and to monetise your flat for retirement, any CPF utilised plus accrued interest has to be returned to the CPF account if the CPF Minimum Sum (MS) has not been met.
With the current MS at $117,000, what...
Re: US Financial Failures Getting Bigger. Temasick's "Long-Term" Investment in Troubl
Hi makapaaa
Thanks very much
Now, I saw in the news that $1.5b made on Merrell Lynch stake
Leong Sze Hian
Re: US Financial Failures Getting Bigger. Temasick's "Long-Term" Investment in Troubl
Hi makapaaa
How much do you estimate Temasek haa lost so far in their investmnts in financial institutions since last year
Thanks
Leong Sze Hian
Seeing Stars: Uniquely Singapore - Progress
Monday, 11 August 2008, 8:15 am | 333 views
Leong Sze Hian / Senior Writer
In this special series of Uniquely Singapore, Leong Sze Hian takes a look at the 5 stars of our flag and how it relates to certain issues. This first article focuses on...
Best place to live in but how many are leaving?
Sunday, 3 August 2008, 10:08 pm | 2,511 views
Leong Sze Hian / Columnist
I refer to the report “About 1,000 give up citizenship annually” (My Paper, Jul 22).
According to the Merriam-Webster dictionary, emigrate means “to leave one’s place...