Overall Average CPF Interest Rate Across CPF Accounts and Balances

Debated in Parliament on 19 Sep 2023.

Summary written by AI (learn more)

Hazel Poa requested the overall average CPF interest rate across different accounts and balances for each of the past five years.
Tan See Leng responded that the overall average CPF interest rate, including Extra Interest, from 2018 to 2022 has been close to 4% per annum.
The answer provided a single figure for the five-year period rather than a year-by-year breakdown as asked.

Questions identified by AI (learn more)

Full Transcript

Hazel Poa

Ms Hazel Poa asked the Minister for Manpower for each year in the past five years, what is the overall average CPF interest rate across the different types of CPF accounts and balances.

Tan See Leng

The overall average Central Provident Fund (CPF) interest rate (including Extra Interest1) across the different types of CPF accounts and balances from 2018 to 2022 has been close to 4% per annum.

Overall Average CPF Interest Rate Across CPF Accounts and Balances | PAPERCUTS

Overall Average CPF Interest Rate Across CPF Accounts and Balances

Debated in Parliament on 19 Sep 2023.

Summary written by AI (learn more)

Hazel Poa requested the overall average CPF interest rate across different accounts and balances for each of the past five years.
Tan See Leng responded that the overall average CPF interest rate, including Extra Interest, from 2018 to 2022 has been close to 4% per annum.
The answer provided a single figure for the five-year period rather than a year-by-year breakdown as asked.

Questions identified by AI (learn more)

Full Transcript

Hazel Poa

Ms Hazel Poa asked the Minister for Manpower for each year in the past five years, what is the overall average CPF interest rate across the different types of CPF accounts and balances.

Tan See Leng

The overall average Central Provident Fund (CPF) interest rate (including Extra Interest1) across the different types of CPF accounts and balances from 2018 to 2022 has been close to 4% per annum.

Overall Average CPF Interest Rate Across CPF Accounts and Balances

Summary

Questions Identified

Full Transcript

Hazel Poa

Tan See Leng

Summary

Questions Identified

Overall Average CPF Interest Rate Across CPF Accounts and Balances

Summary

Questions Identified

Full Transcript

Hazel Poa

Tan See Leng

Summary

Questions Identified