One of the key change that will happen in 2016 is the tweaking of the current Minimum Sum (MS) and CPF LIFE scheme. The Basic Retirement Sum (I.e. 1/2 of the MS, which in term will be renamed as the Full Retirement Sum, FRS) will continue to increase at 3% till $90,500 by the YearContinue reading “CPF Minimum Sum Enhancement In A Nutshell”
Wee Khai 