Scheduled Maintenance: CPF digital services will not be available on 22 May 2022, from 2am to 5am (Singapore time) due to system maintenance. We apologise for any inconvenience caused.

Making Voluntary Contributions

You can help build your employees' CPF savings voluntarily through additional contributions. Learn how.

Compliance and rectifications

Learn about enforcement actions for non-compliance, if CPF contributions are not paid correctly and promptly.

Corporate service buyers

Help contribute to the MediSave Accounts of self-employed vendors when you hire and pay for their services.

Your page is loading.
One moment please.

Why are Total Expense Ratio (TER) caps reduced for CPF Investment Scheme funds?

The purpose of CPF Investment Scheme is to provide alternative investment to help CPF members build up their retirement savings. As expenses of investment have a significant impact on returns, a regular review of the Total Expense Ratio (TER) caps is important as high expense ratio would erode investment returns for CPF members. Where feasible, TER caps should be kept low to increase the fund’s per-unit net asset value and enable CPF members to accumulate their retirement savings faster. This is in line with the efforts by regulatory authorities in other countries to reduce the cost of funds to investors.