Poging GOUD - Vrij

CPF Life gives monthly payout, much like property rental income: Koh Poh Koon

The Straits Times

|

November 13, 2025

But unlike property rentals, CPF Life payouts are not taxable, he says

- Chor Khieng Yuit Senior Business Correspondent

CPF Life gives monthly payout, much like property rental income: Koh Poh Koon

Senior Minister of State for Manpower Koh Poh Koon (second from left) at the Nov 11 panel discussion on retirement adequacy, with (from left) UFM100.3 presenter Cheng Cheng Yao, CPF Board's deputy chief executive for policy and corporate development Tang Lee Huat and CPF volunteer Ong Sin Hong.

(PHOTO: SHIN MIN DAILY NEWS)

Topping up one’s savings in the Central Provident Fund (CPF) account is akin to investing in a property for a regular source of income in one’s old age.

Senior Minister of State for Manpower Koh Poh Koon said this during a panel discussion with the CPF Board’s deputy chief executive for policy and corporate development, Mr Tang Lee Huat, and a CPF volunteer, Madam Ong Sin Hong.

The Mandarin dialogue on retirement adequacy was organised by Chinese language daily Shin Min Daily News in partnership with Reach (Reaching Everyone for Active Citizenry @ Home).

Speaking to about 100 people at the Suntec convention centre on the evening of Nov l, Dr Koh said CPF Life gives a regular monthly payout for life, much like receiving rental income from a property. He noted that while rental income is taxable, CPF Life payouts are not.

MEER VERHALEN VAN The Straits Times

The Straits Times

Hero who tackled alleged gunman recovering, as donations pour in

Donations for a Sydney man who wrestled a gun from one of the alleged attackers during a mass shooting at Bondi Beach have surged past A$1.1 million (S$940,000), as he recovers in hospital after surgery for bullet wounds.

time to read

1 mins

December 16, 2025

The Straits Times

Large class sizes are a matter of economics

As a former Ministry of Education teacher who now runs his own tuition centre, I've come to see class size through a clearer, less idealistic lens (Class sizes matter as teaching workload changes, say Singapore teachers, Dec 13).

time to read

1 min

December 16, 2025

The Straits Times

Road safety • Put the brakes on speeding now, not later

Recently, I came across an Expressway Monitoring and Advisory System (EMAS) message on the CTE just before the Ang Mo Kio exit that read: “Heavier speeding penalties starting 2026. Watch your speed.”

time to read

1 min

December 16, 2025

The Straits Times

The Straits Times

What we can learn from other cities about refreshing ageing home buildings

Decisions on renewing old housing stocks get held up because different residents have different interests. How can we break this logjam?

time to read

7 mins

December 16, 2025

The Straits Times

Police search K-pop star Psy's office over alleged illegal prescriptions

South Korean police have taken further action against K-pop star Psy after he was under probe in August over allegations that he had received prescriptions for psychotropic drugs via a proxy.

time to read

1 mins

December 16, 2025

The Straits Times

F&B • Build structured training into daily work to boost service

As a hospitality professional managing multiple restaurant brands in Singapore, I have observed that many service issues in the food and beverage (F&B) sector stem not from staff attitude, but from inconsistent training and a lack of clear daily routines.

time to read

1 min

December 16, 2025

The Straits Times

The Straits Times

Tan happy with 19-gold haul as S'pore 'transition'

As Singapore's swimmers ended their SEA Games campaign by winning five out of seven races on the final night to take their tally to 19 golds, eight silvers and seven bronzes, they celebrated by singing: “We have won the war one more time.”

time to read

2 mins

December 16, 2025

The Straits Times

The Straits Times

Bondi Beach shooting sparks 'lone wolf' fears in Australia

SYDNEY Even as the authorities probe possible foreign terror links in the Dec 14 Bondi Beach mass shooting, they say the father-and-son duo appear to have acted alone - a scenario that analysts say is hardest to prevent.

time to read

3 mins

December 16, 2025

The Straits Times

The Straits Times

History made, Oanh on track for her 15th title

History was made on Dec 15 at the Suphachalasai National Stadium when a new queen of the track at the SEA Games was crowned.

time to read

2 mins

December 16, 2025

The Straits Times

The Straits Times

Roomba robot vacuum's maker files for bankruptcy after 35 years

NEW YORK - Roomba vacuum cleaner's maker, iRobot, said on Dec 14 that it had filed for bankruptcy protection as it grapples with increased competition from lower-priced rivals and US tariffs.

time to read

2 mins

December 16, 2025

Listen

Translate

Share

-
+

Change font size