The new anti-scam measures have been rolled out to help CPF members safeguard their savings. Read more at straitstimes.com.
The new trusted contact notification service and safety switch build on existing anti-scam safeguards for Central Provident Fund members.
In the first half of 2025 alone, 19,665 scam cases were reported, with victims losing a total of S$456.4 million.
From Jan 1, the expanded MRSS includes eligible Singaporeans with disabilities of all ages Read more at The Business Times.
The matching grants were credited to the CPF Retirement Accounts of over 250,000 members for cash top-ups made in 2025.
Singapore Business Review on MSN
CPF launches two new security measures to combat scams
The new Trusted Contacts and Safety Switch give members extra control and protection. The CPF Board has introduced two new measures aimed at helping members protect their CPF accounts from scams.
This includes the compulsory CPF contributions, Earned Income Relief, and NSman Relief. Based on your individual ...
The authorities said the move will allow younger persons with disabilities to start building retirement savings earlier through cash top-ups to their Special Account.
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