Commentary: Don’t panic about CPF changes — take time to evaluate investment options

Don’t panic about CPF changes — take time to evaluate investment options

By Shawn Lee

Come 2025, a slew of changes will be made to Singapore’s Central Provident Fund (CPF) scheme. Of these, two changes have generated significant interest: The increase in the Enhanced Retirement Sum (ERS) and the closure of the CPF Special Account (SA) for those aged 55 and above. 

While these announcements threw up several requests from Singaporeans for more information and clarifications, some question marks remain unanswered.

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