What is CPF?what can CPF be used for?
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Answer:
CPF. Central Provident Fund. It's a monthly reduction from your pay to make it as compulsory contribution for old age retirement benefit. Along with the contribution you make, the Employer also make similar contribution on your behalf.. You will be able to withdraw partial when you attain 55 years of age. Meanwhile you can also withdraw to pay for your housing morgages.
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