Platform workers who opt out of CPF may keep more cash now, but lose out on platform contributions and long-term retirement savings ...

Errant employers face fines of up to S$20,000 per fraudulent work pass application and a ban on hiring foreign workers Read more at The Business Times.

Singapore will raise retirement and re-employment ages to 64 and 69 from 1 July 2026, while launching a new CPF life-cycle investment scheme by 2028. Manpower Minister Dr Tan See Leng said fees will ...

Add Yahoo as a preferred source to see more of our stories on Google. With the CPF Ordinary Wage cap rising to $8,000 in 2026, more pay goes into CPF. But is this a steep cut on workers’ monthly ...

The CPF collection for platform workers has been smooth due to the extensive pre-implementation engagements with platform operators and associations to iron out the operational details, said Senior ...

Minister for Manpower Dr Tan See Leng defends Workfare's payout structure for oldest workers, saying CPF contributions still meet near-term needs. WIS payments raised across all age bands from 2025.

The Ministry of Manpower periodically reviews the eligibility criteria for the Silver Support Scheme. In 2021, the total CPF contribution (TCC) was doubled from S$70,000 to S$140,000. In 2025, the ...

Simplicity and cost are two important aspects of the voluntary scheme, says MOM Read more at The Business Times.