Date: August 14, 2017
The CPFIS gives members the opportunity to invest their CPF savings to enhance their retirement funds:
- Investments in UTs can be made through the Ordinary (OA) and Special Accts (SA)
- From 1st May ‘09, one has to set aside the first $30,000 in SA before the remaining can be used for investments. Since 1st Apr ’08, $20,000 to be set aside in OA
As of 13 Jan ‘09, there were approx. 129 funds available for investments under the CPFIS.
