January 2, 2010

SINGAPORE: 10,000 to get 1st CPF payout next week

. SINGAPORE / The Straits Times / January 2, 2010 By Jamie Ee Wen Wei ABOUT 10,000 Central Provident Fund (CPF) members aged 62 and above this year will get the first payout from the CPF Lifelong Income Scheme For The Elderly (CPF Life) on Tuesday. Thereafter, they will get the payouts by the seventh working day of each month. This will go on for as long as they live. The CPF Board said it has sent out letters to inform eligible members of payout date and amount which they will get. [rc] Copyright © 2008 Singapore Press Holdings Ltd