If you are a Singapore citizen or permanent resident working in Singapore, part of your salary goes into a compulsory savings account known as the Central Provident Fund (CPF).
Your CPF accounts
Your CPF savings is kept in three accounts, each of which has specific permitted uses:
- Ordinary account - for housing, insurance, investment and education
- Special account - for old age and investment in retirement-related financial products
- Medisave account - for hospitalisation expenses and approved medical insurance
How to access CPF information and services
You can access CPF information and services in several ways: