Singapore legislation

Regulation 2

of Central Provident Fund (Declaration of Rates of Interest) (No. 4) Notification 2024

Regulation 2

Rate of interest payable

It is declared that interest is payable —

(a)

on the amounts standing to the credit of a member of the Fund in the member’s ordinary account and nominee ordinary account (if any), at the rate of 2.5% per annum; and

(b)

on the amounts standing to the credit of a member of the Fund in the member’s medisave account, nominee medisave account, special account, nominee special account, retirement account and nominee retirement account (if any), at the rate of 4% per annum.