Ever wondered why a chunk of your salary mysteriously disappears every month? That's a question you might be asking yourself if you have no idea what Central Provident Fund (CPF) contributions are.

SINGAPORE - Proposed basic retirement savings - while much lower than the current minimum sum - will need to be increased, to keep pace with inflation and higher standards of living, said a government ...

Every salaried employee in Singapore makes CPF contributions each month, but the CPF system is understood by few. There are more fun things to do with those precious post-work hours than to spend it ...