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Written Answer by Mrs Josephine Teo, Minister for Manpower, to Parliamentary Question on net OA balances

NOTICE PAPER NO. 1246 OF 2018 FOR THE SITTING ON 12 JULY 2018

QUESTION NO. 920 FOR WRITTEN ANSWER

MP: Mr. Pritam Singh

To ask the Minister for Manpower what are the aggregate balances in the Ordinary Accounts of CPF members for the years 2015, 2016 and 2017 on a month-to-month basis.

Answer

1. CPF Board reports the aggregate CPF account balances on a quarterly and annual basis. Table 1 below shows the Net Ordinary Account balances of all CPF members between 2015 and 2017 on a quarterly basis.

Table 1: Net Ordinary Account balances of all CPF members between 2015 to 2017 on a quarterly basis

 Net Ordinary Account Balances
 

2015
($m)

2016
($m)

2017
($m)

   (Figures as at end of period)
Q1  $106,659 $113,147 $121,001
Q2 $108,190 $114,813 $122,988
Q3 $109,382 $116,470 $124,734
Q4 $110,967 $118,106 $125,824