SINGAPORE: Singapore’s Central Provident Fund (CPF) ranked fifth in the world for pension systems, according to the 2024 Mercer CFA Institute Global Pension Index, scoring 78.7 with a B+ grade.
The Central Provident Fund scheme has always served the interests of Singaporeans in meeting their needs, and the move to amend it is a timely response to evolving times, said MP Edward Chia.