According to a survey of Singaporeans' retirement knowledge as well as their engagement in the Central Provident Fund (CPF) in May 2021, 89 percent of respondents were aware of the CPF scheme for retirement. However, the share of respondents who indicated their intention to make use of the scheme was less than that, at 53 percent.
Share of people who were aware of and intent to use the Central Provident Fund (CPF) schemes in Singapore as of May 2021
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Endowus. (July 28, 2021). Share of people who were aware of and intent to use the Central Provident Fund (CPF) schemes in Singapore as of May 2021 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1270764/singapore-awareness-and-intention-of-using-cpf/
Endowus. "Share of people who were aware of and intent to use the Central Provident Fund (CPF) schemes in Singapore as of May 2021." Chart. July 28, 2021. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1270764/singapore-awareness-and-intention-of-using-cpf/
Endowus. (2021). Share of people who were aware of and intent to use the Central Provident Fund (CPF) schemes in Singapore as of May 2021. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1270764/singapore-awareness-and-intention-of-using-cpf/
Endowus. "Share of People Who Were Aware of and Intent to Use The Central Provident Fund (Cpf) Schemes in Singapore as of May 2021." Statista, Statista Inc., 28 Jul 2021, https://www.statista.com/statistics/1270764/singapore-awareness-and-intention-of-using-cpf/
Endowus, Share of people who were aware of and intent to use the Central Provident Fund (CPF) schemes in Singapore as of May 2021 Statista, https://www.statista.com/statistics/1270764/singapore-awareness-and-intention-of-using-cpf/ (last visited November 05, 2024)
Share of people who were aware of and intent to use the Central Provident Fund (CPF) schemes in Singapore as of May 2021 [Graph], Endowus, July 28, 2021. [Online]. Available: https://www.statista.com/statistics/1270764/singapore-awareness-and-intention-of-using-cpf/