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Guide to CPF Retirement Sum: Higher Enhanced Retirement Sum (ERS) in 2025

What happened? As part of Budget 2024, Deputy Prime Minister Lawrence Wong announced several key changes to the Central Provident Fund (CPF) system. Remember CPF SA shielding? This will no longer be applicable as the CPF Special Account (SA) will be closed when CPF members reach 55 years of age. The Enhanced Retirement Sum (ERS) […]

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