Financing Pensions

10-11 SEP | WorldPensionSummit 2015

The only platform 'for and by' Pension Professionals, exchanging knowledge and innovative ideas on how to secure sufficient pension provision.

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Central Provident Fund Board Singapore

The Central Provident Fund (CPF) is the bedrock of Singapore’s social security system. It is a defined contribution scheme with individualised accounts fully-funded by both workers and employers. The comprehensive savings system provides for three essential elements of financial security: retirement, home ownership and healthcare. The CPF has enabled every active member to save regularly to provide for his retirement needs. It has also enabled Singapore to become a nation of home owners, giving everyone a stake in the nation. The CPF healthcare savings and insurance schemes - Medisave and MediShield - are key components of the national healthcare system, facilitating the provision of high quality medical care to all Singaporeans.

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