Budget 2024: CPF Special Account to close for people aged 55 and above

The CPF contribution rates for those aged 55 to 65 will increase by a further 1.5 percentage points in 2025, announced Deputy Prime Minister and Finance Minister Lawrence Wong in his #Budget2024 speech on Friday (Feb 16). He also announced an increase in the Enhanced Retirement Sum from next year. More details: https://cna.asia/budget2024 Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia