2.5 per cent interest rate for CPF Ordinary Account till year end

2.5 per cent interest rate for CPF Ordinary Account till year end

SINGAPORE - Central Provident Fund (CPF) members will continue to get a 2.5 per cent interest rate on their Ordinary Accounts (OA) from Oct 1 to Dec 31 this year, said the CPF Board on Thursday.

An extra 1 per cent interest will still be paid on the first $60,000 for combined balances, including up to $20,000 from the OA.

The extra interest from the OA will go into the member's Special or Retirement Account.


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