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In Singapore, the Central Provident Fund (CPF; Chinese: 公积金, Pinyin: ''Gōngjījīn'') is a compulsory comprehensive savings plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing needs. The CPF is an employment based savings scheme with employers and employees contributing a mandated amount to the Fund. It is administered by the Central Provident Fund Board, a statutory board operating under the Ministry of Manpower which is responsible for investing contributions. ==History of CPF== British colonial authorities in Singapore created the Central Provident Fund in 1955 as a compulsory savings scheme to assist workers to provide for their retirement without needing to introduce a more extensive and costly old age pension, with money contributed to the Central Provident Fund earning a government guaranteed rate of return. As Singapore's economy developed the Central Provident Fund was expanded in 1968 to provide for housing expenses under the Public Housing Scheme. In 1984 the Central Provident Fund was again expanded to cover medical and care expenses.〔https://mycpf.cpf.gov.sg/Members/AboutUs/about-us-info/history-of-cpf〕 As the Central Provident Fund developed dedicated accounts were created for the different expenses the Fund was designed to cover, to ensure a more targeted savings approach. In 1986 a higher risk investment option was added to give members the opportunity of a higher rate of return on their savings.〔https://mycpf.cpf.gov.sg/Members/AboutUs/about-us-info/history-of-cpf〕 As Singapore developed the government progressively implemented a range of programs and supplements based around the Central Provident Fund. in 1987 the Minimum Retirement Sum Scheme annuity was introduced to better ensure a secure retirement for older workers.〔https://mycpf.cpf.gov.sg/Members/AboutUs/about-us-info/history-of-cpf〕 In 1990 MediShield health insurance, designed to be purchased with Central Provident Fund savings, was launched to provide more stable and affordable healthcare options to Singaporeans. Additional programs include an additional rate of interest of 1% for the first $60,000 of retirement savings, the Workfare Income Supplement which supplements retirement savings for low income older workers and the Pioneer Generation Package which provides additional support for the medical expenses of older workers. When the CPF was started in 1955, both employees and employers contributed 5% of an employee's pay to scheme. The rate of contribution was progressively increased as Singapore's economy developed, reaching 25% for both employers and employees in 1985. The principle of equal contribution was abandoned in 1986 due to a sharp recession, when the employer contribution was cut to 10% of an employee's pay in an effort to keep Singapore attractive to business. The employer contribution rate reverted to the same level as the employee rate until the 1997-1998 Asian Financial Crisis when the rate for employers was again lowered to 10% for workers 55 years or younger. Since then the employer contribution rate has been gradually increased, with ongoing economic problems blamed for postponing the reinstatement of the original principle of equal contribution.〔US Embassy (2003). The Providence Fund: Challenges Ahead, http://singapore.usembassy.gov/uploads/images/_QF6LGQgjmWlzUvlCufN4A/CPF_03.pdf〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Central Provident Fund」の詳細全文を読む スポンサード リンク
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