Singapore legislation
Regulation 3B
of Central Provident Fund (Revised Retirement Sum Scheme) Regulations 1995
Regulation 3B
Committed amount
Subregulation 1
For the purposes of these Regulations, each member has a committed amount that is not transferred to the member’s retirement account towards the maintenance of the member’s retirement sum.
Subregulation 2
The committed amount for a member is the sum of —
the amount which remains standing to the credit of the member in his or her ordinary, special and medisave accounts immediately after all the amounts to be transferred to the member’s retirement account under regulation 5(1) or (2) (as the case may be) and regulation 5AA(1) (if applicable) have been so transferred, excluding the amount to be retained in his or her medisave account at that time; and
on or after the SAC Start Date, the sum of all additional SA‑related amounts applicable to the member.
Subregulation 3
In paragraph (2) —
Definition
“additional SA‑related amount”, in relation to a member to whom any paragraph of the Sixth Schedule applies, means an amount specified as an additional SA‑related amount in that paragraph of the Sixth Schedule;
Definition
“SAC Start Date” has the meaning given by regulation 2 of the Central Provident Fund (Closure of Special Account) Regulations 2025.