CPF interest rates slashed to 4% for early 2025 as economic woes bite

Gemma Iso
Thu, 12 Dec 2024 00:39:12 +0000
Singapore News, CPF, Interest rates, retirement

SINGAPORE: The Central Provident Fund (CPF) Board, Housing Development Board, and Ministry of Health have announced that the interest rate on the Special, MediSave, and Retirement Accounts (SMRA) will decrease to 4 per cent from January to March 2025, down from the current 4.14 percent. This adjustment is due to a decline in the 12-month …