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Dr Tan See Leng clarifies on CPF Life and CPF contribution for EP and EntrePass holders

Dr Tan See Leng clarifies on CPF Life and CPF contribution for EP and EntrePass holders Details Published: 29 July 2021 Dr Tan shared that among existing options to plan for higher retirement payouts, members can choose to defer the start of their payouts till age 70, when it comes to the CPF Life scheme. Singaporeans are already presented with many options to plan for higher retirement payouts, in and out of the CPF system, Minister for Manpower Dr Tan See Leng has clarified. Within the CPF system, members who wish to have higher CPF LIFE payouts can set aside an Enhanced Retirement Sum, which is triple of the Basic Retirement Sum. The prevailing Enhanced Retirement Sum is currently $279,000. The Enhanced Retirement Sum is revised annually, together with the Basic and Full Retirement Sums, he said.

Report: HR Ministry rebuffs Indonesia s one maid, one task proposal | Malaysia

Sunday, 25 Jul 2021 10:40 AM MYT BY ASHMAN ADAM Saravanan proposed during an online meeting with Indonesia’s Manpower Minister Ida Fauziyah to retain the existing system of one domestic helper to be employed by one household for all required tasks. ― Malay Mail pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, July 25 The Human Resources Ministry has countered Indonesia’s request for domestic helpers from the country to be employed under a “one maid, one task” system. A report by MalaysiaKini said that Human Resources Minister Datuk Seri M. Saravanan instead proposed during an online meeting with Indonesia’s Manpower Minister Ida Fauziyah to retain the existing system of one domestic helper to be employed by one household for all required tasks.

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