Training Agency
Central Provident Fund Board
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The Singapore Central Provident Fund Board (CPFB) was set up in
1955 to provide financial security for workers in their old age or when
they are no longer able to work. Over the years, it has evolved into
a comprehensive social security savings scheme, which not only
takes care of CPF members’ old age, healthcare needs and home
ownership, but also provides financial protection to their families
through its insurance schemes. Today, the CPFB has a membership
of three million and a fund size of S$103 billion.
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