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Is our CPF money safe? Can the Government pay all its debt obligations?

  1. You earn 5% per year on up to the first $60,000 of your Retirement, Special and MediSave Accounts, if your Ordinary Account is less than $20,000. Also, you earn an additional extra interest of 1% per year on the first $30,000 of your CPF balances after age 55. This means you can earn up to 6% per year on the first $30,000 on your Retirement Account.

  2. Special Singapore Government Securities (SSGS) are non-tradeable Government bonds issued to the CPF Board. The securities earn for the CPF Board a coupon rate that is pegged to CPF interest rates that members receive.

  3. Refers to borrowings through the Government Securities Act.

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