Written Answer to PQ on CPFIS
NOTICE PAPER NO. 2541 FOR THE SITTING ON OR AFTER 7 FEBRUARY
QUESTION NO. 5442 FOR WRITTEN ANSWER
MP: Mr Chua Kheng Wee Louis
To ask 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.
Answer:
1. As of 30 Sep 2023, about 1.01 million or 23% of 4.49 million 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.