CPF : How it works- Flow chart

[princess_morbucks]

The Business Times ‏@BTBreakingnews 29m

Curious to know where your money goes and how #CPF interest rates are determined? http://btd.sg/1nV9YBs pic.twitter.com/RuO4GBAprS

https://pbs.twimg.com/media/BpcE_CjCMAAYBww.jpg

[hopeful]

3.53million members
1.88million active

almost 50% are non-active. instead of contributing, they are withdrawers of CPF. hmm....

[chestnut]

3.53million members
1.88million active

almost 50% are non-active. instead of contributing, they are withdrawers of CPF. hmm....

Your theory is wrong.;)

[hopeful]

Your theory is wrong.;)

huh? u mean like bank's inactive accounts?

[mummy]

huh? u mean like bank's inactive accounts?

I am one of those inactive but I do not withdraw cause still young. Considered self employed like taxidrivers who have no cpf contributions too. So inactive does not necessarily mean they withdraw. Some of the organisations I locum for like SATA and NHG would have cpf contributions but most private GP clinics do not pay cpf even if I locum for them on a regular basis...guess I could ask them to as it is my right as a parttime worker for them and hence have many employers but I prefer higher take home pay....treat my landed property monthly mortgage as my forced savings for retirement together with cpf...