CPF Board
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Get bite-sized financial tips and know your CPF better at the CPF Boardโ€™s official Telegram channel! ๐Ÿ‘‹๐Ÿป

INVITE YOUR FRIENDS!
โžก๏ธ cpf.gov.sg/Telegram

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CPF Board pinned ยซ๐Ÿค” Know someone who's turning 55? Remind them to update their bank account to PayNow NRIC-linked bank account with a quick one-time update. ๐Ÿ”” Before updating, ensure the bank account is linked to PayNow NRIC. Even if they've withdrawn before, this updateโ€ฆยป
CPF Board pinned a photo
CPF Board pinned a photo
Show your parents some love and appreciation with a cash top-up this year ๐Ÿ’

From 1 Jan 2025, every dollar you top up to their Retirement Account will be matched dollar-to-dollar by the Government up to $2,000 per year!๐Ÿ’ฐ๐ŸŽ‰ Thatโ€™s more than 3x last yearโ€™s $600 under the Matched Retirement Savings Scheme (MRSS).

Check if your parents qualify here ๐Ÿ‘‰ cpf.gov.sg/MRSSEligibilityCheckerTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Are you a Platform Worker (PW)? ๐Ÿ“ฑ๐Ÿ›ต ๐Ÿš— If you provide ride-hail or delivery services through platform operators, this is for you!

You may have heard about the recent changes to CPF contributions designed to better support your housing, healthcare and retirement needs.

Take this #CPFFlashQuiz to see how much you know about these updates! Got the answers wrong? Donโ€™t worryโ€”you can try again and learn something new along the way! ๐Ÿ˜Š
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CPF contributions to all three CPF accounts are mandatory for PWs born on or after which year?
Anonymous Quiz
39%
1994
27%
1995
9%
1996
25%
1998
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To support PWs during this transition, the Government will offset the increase in the share of CPF contributions with the Platform Worker CPF Transition Support (PCTS) for lower-income PWs with cash support for how many years?
Anonymous Quiz
33%
2
36%
3
31%
4
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How will the Workfare Income Supplement (WIS) be changed to support eligible PWs as they adjust to the CPF changes?
Anonymous Quiz
14%
Payments will be made monthly instead of annually from Mar 2025
6%
The payout amount will be increased
81%
All of the above
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Need more information? ๐Ÿค” Read this article for a summary of everything you need to know about the increased CPF contributions and how the Government will support PWs ๐Ÿ‘‰ cpf.gov.sg/CPFForPWsTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Ready to master the art of dodging chatty relatives this Chinese New Year?๐Ÿฅ‹๐Ÿ

Hereโ€™s your secret move ๐Ÿคซ: hit them with tips on achieving abundance in retirement!๐Ÿ’ฐ

Youโ€™ll not only โ€˜deflectโ€™ their questions like a Kungfu master but might even earn a bigger ang bao from impressed relatives!๐Ÿงง

Happy Year of the Snake from all of us at CPF Board! ๐ŸŠ๐ŸŠ

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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New year, older me ๐Ÿ˜ฎโ€๐Ÿ’จ While retirement may seem like ages away, but itโ€™s never too early to start planning for it!

Where are you at with your retirement planning?
Anonymous Poll
35%
I want to start but donโ€™t know where to begin ๐Ÿฅบ
50%
Iโ€™m all set โ€“ golden years, here I come! โœจ
15%
What plans? ๐Ÿ˜ฑ
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Whether youโ€™ve just started planning or already have something in mind, thereโ€™s always more to learn about retirement prep! ๐Ÿ™Œ

Delve into these useful reads as you work towards your dream retirement!

๐Ÿค Learn about how CPFโ€™s tools can help you plan ๐Ÿ‘‰ cpf.gov.sg/HandyCPFResourcesTG

๐Ÿค” Find out what it takes to build your desired retirement lifestyle ๐Ÿ‘‰ cpf.gov.sg/DesiredRetirementLifeTG

๐Ÿ—บ Plot your financial roadmap early and journey towards financial calm ๐Ÿ‘‰ cpf.gov.sg/FinancialRoadmapTG

๐Ÿ“š Discover how lifelong learning can make retirement more fulfilling ๐Ÿ‘‰ cpf.gov.sg/LifelongLearningTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Dreaming of your perfect home? ๐Ÿค”

Have you thought about how it could shape not just your homeownership journey, but also your future retirement plans? ๐Ÿก๐Ÿ’ญ Check out the article by DollarsAndSense ๐Ÿ‘‰ cpf.gov.sg/DNSOnHomeFinancingTG

Plan smart from the startโ€”use CPFโ€™s Home Purchase Planner to make confident decisions, try it out today at ๐Ÿ‘‰ cpf.gov.sg/TryHomePurchasePlannerTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Did you know that the MediShield Life enhancements cover Cell Tissue and Gene Therapy Products (CTGTPs)?๐Ÿ’ก

If you or someone you know is recovering from cancer, the upcoming expansion of coverage to these treatments can ease the financial strain.๐Ÿฅน

Learn about the upcoming MediShield Life enhancements here ๐Ÿ‘‰ cpf.gov.sg/MSHLEnhancementsTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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๐ŸŽถ When others say, "Hey, you should spend here,"

Iโ€™ll say, "Iโ€™m saving to retire, no matter which day, month, or year" ๐Ÿ˜Œ

Feeling the pressure to overspend? Donโ€™t be afraid to stand your ground if those purchases donโ€™t align with your financial goals! Track your spending, prioritise your needs, and make your budget work harder for you!

Kept up with your budgeting plans? React with ๐Ÿ‘ if youโ€™re staying on track!

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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Not sure about the CPF changes this year? ๐Ÿ‘€ Hear from Shaun Loh, Manager at CPF Boardโ€™s Policy Department, in this episode of our Letโ€™s Talk CPF podcast to discover how these changes help support working Singaporeans in their retirement goals! ๐Ÿ˜Š

Tune in here ๐Ÿ‘‰ cpf.gov.sg/2025ChangesPodcastTG

Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips.
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