CPF No more Special Account for CPF members aged 55 and above. Higher Enhanced Retirement Sum to support seniors' needs

Budget 2024: No more Special Account for CPF members aged 55 and above, higher Enhanced Retirement Sum to support seniors' needs

*This means that the Enhanced Retirement Sum next year 2025 will be S$426,000, instead of S$319,500, based on the Basic Retirement Sum of S$106,500.*

https://www.todayonline.com/singapore/budget-2024-special-account-no-more-cpf-members-above-55-enhanced-retirement-sum-rise-2364111