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Singapore lifts CPF rates

The Singapore government has announced that Central Provident Fund (CPF) contribution rates will next year climb for pre-retirees up to 35% while also establishing a $8 billion special purpose fund to pay for the health care needs of the Pioneer Generation.

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Read more: Pioneer GenerationSingapore BudgetCPF ratesCentral Provident FundCPF rate increasesSuperannuationDeputy Prime MinisterFebruary 2014Finance Minister Tharman ShanmugaratnamMedisave contribution leviesSingaporeansSingapore CPF