Written Answer
CPF Members with CPF Investments in Singapore Government Securities
Ministry of ManpowerSpeakers
Transcript
28 Mr Chua Kheng Wee Louis asked the Minister for Manpower what is the current number and proportion of CPF members who have (i) opened a CPF Investment Account (ii) made investments via the CPF Investment Scheme-Ordinary Account and (iii) made investments in Singapore Government Securities.
Dr Tan See Leng: As of 30 September 2023, about 1.01 million or 23% of 4.49 million Central Provident Fund (CPF) members1, have opened a CPF Investment Account. Of these 1.01 million members, around 50% have active investments using their Ordinary Account via the CPF Investment Scheme and around 4% are currently investing their Ordinary Account savings in Singapore Government Securities and Treasury Bills.