Singapore Chronicles is a series launched in conjunction with the Institute of Policy Studies and Straits Times to commemorate the 50th anniversary of Singapore’s Independence, This 50-volume series seeks to record, explain and offer insights into what makes Singapore, Singapore, by providing analysis as well as historical accounts on a variety of uniquely Singaporean topics.
'Singapore Chronicles - Central Provident Fund' reflects the economic history and social development of Singapore. CPF policies are aligned with national objectives – economic growth, macroeconomic stability, asset-building and savings for health and retirement. Since its inception in 1953, the Central Provident Fund (CPF), the mandatory savings scheme, has evolved to meet Singaporeans’ housing and investment aspirations as well as retirement needs while Singapore progressed from Third World to First. The CPF’s intricate connection with housing financing has made Singapore’s social protection system a unique social innovation in the world. With an ageing population, the CPF will continue to explore more ways to stay relevant to retirement and other needs. As the choice architect, the CPF Board needs to anticipate behavioural responses and manage the expectations of its members.
AUTHOR: CHIA Ngee-Choon, Dr.
196 mm x 129 mm
Published Date (Month, Year)