For subscribers

Singapore’s CPF is the best pension system in Asia: Mercer index

Sign up now: Get ST's newsletters delivered to your inbox

CPF logo inside the newly renovated CPF Tampines Service Centre on Sept 10, 2022. Dr Koh Poh Koon, Senior Minister of State (SMS), Ministry of Manpower (MOM), Ministry of Sustainability and the Environment (MSE) and Advisor to Tampines Grassroots Organisations is the guest-of-honour. CPF Tampines Service Centre was first opened in 1994 and it had undergone a major remodelling in 2021 to cater to the evolving needs of the residents in Tampines. The refreshed service centre is now modernised with a brand new digital and inclusive experience for all members. With its re-opening, the CPF Tampines Service Centre expects to serve more than 500 CPF members a day. New features within the service centre include a 24-hour self-help lobby, wheelchair friendly facilities and an E-Xperience Space. The E-Xperience Space is a brand new initiative where residents of the area can get together and upskill themselves through various workshops conducted by CPF volunteers and SG Digital Office (SDO). 

CPF retained top spot in Asia and was the only Asian pension system among the top 10 globally, the Mercer CFA Institute Global Pension Index showed.

ST FILE PHOTO

Follow topic:

SINGAPORE - Singapore’s Central Provident Fund (CPF) has retained its top spot in Asia, according to an annual global index.

It is also the only Asian pension system among the top 10 globally in the 15th edition of the Mercer CFA Institute Global Pension Index released on Wednesday.

See more on