There will be changes to the CPF Minimum Sum, the Medisave Minimum Sum and the Medisave contribution ceiling from July 1. The CPF Board said the new CPF Minimum Sum will be S$106,000, up from S$99,600 currently. CPF Members who set aside this amount will get a monthly payout of S$910 from age 64 for about 20 years. The new Medisave Minimum Sum will be S$29,500, up from S$28,500. The Medisave...
