On Jan. 16, SIN GVT issued CPF special account related amendments.
SIN GVT published a suite of amendments re Central Provident Fund (CPF), making changes as a result of the closure of special account (SA) for members aged 55+.
Follows SIN CPF, LAB Oct. 2024 said CPF (amendment) bill 2024 introduced, #229663.
Amending Instruments
The following instruments make technical, administrative changes to CPF legislation.
Central provident fund (amendment) regulations 2025.
Central provident fund (closure of special account) regulations 2025.
Central provident fund (approved HDB-HUDC housing scheme) (amendment) regulations 2025.
Central provident fund (non-residential properties scheme) (amendment) regulations 2025.
Central provident fund (approved middle-income housing scheme) (amendment) regulations 2025.
Central provident fund (approved housing schemes) (amendment) regulations 2025.
Central provident fund (topping-up of special account) (amendment) regulations 2025.
Central provident fund (residential properties scheme) (amendment) regulations 2025.
Central provident fund (retirement sum topping-up scheme) (amendment) regulations 2025.
Central provident fund (retirement sum scheme) (amendment) regulations 2025.
Central provident fund (revised retirement sum scheme) (amendment) regulations 2025.
Central provident fund (new retirement sum scheme) (amendment) regulations 2025.
Central provident fund (voluntary contributions and annual limits) (amendment) regulations 2025.
Central provident fund (nominations and nominee accounts) (amendment) regulations 2025.
Effectiveness
The instruments detailed above come into operation on Jan. 19, 2025.
In Jan. 2025, SIN GVT issued Central Provident Fund investment regs, see #240719.
In Jan. 2025, SIN GVT issued Central Provident Fund insurance regs, see #240721.
