Regulation 2
Rate of interest payable
of Central Provident Fund (Declaration of Rates of Interest) (No. 4) Notification 2024
Subsidiary LegislationIn forceProvision 2 of 3
Regulation 2
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.