Debated in Parliament on 7 Feb 2024.
Mr Chua Kheng Wee Louis asked the Minister for Manpower what is the current number and proportion of CPF members who have (i) opened a CPF Investment Account (ii) made investments via the CPF Investment Scheme-Ordinary Account and (iii) made investments in Singapore Government Securities.
As of 30 September 2023, about 1.01 million or 23% of 4.49 million Central Provident Fund (CPF) members1, have opened a CPF Investment Account. Of these 1.01 million members, around 50% have active investments using their Ordinary Account via the CPF Investment Scheme and around 4% are currently investing their Ordinary Account savings in Singapore Government Securities and Treasury Bills.