All posts tagged: CPF

No CPF, no days off – but their top career choice is still to be piano teachers

No CPF, no days off – but their top career choice is still to be piano teachers

For piano teacher Clarisa Tan, there is no such thing as a day off. With anywhere from 35 to 40 students to see each week – ranging from seven-year-olds to adults – she adheres to a tightly packed class schedule. Her weekdays typically start at 1pm and end between 6pm and 9pm, while Saturdays are filled with lessons from 9.45am to 7pm. She “takes it easy” on Sundays, with two lessons. Her only rest days are when she falls ill. “I try not to teach on my birthday – like a little gift to myself – but I don’t always keep to it,” the 33-year-old said.  She left a career in law eight years ago to pursue piano teaching full-time. Despite her heavy workload, Ms Tan said that she remains highly satisfied with her job and sees herself sticking with it for another 20 to 30 years.  By comparison, the average job tenure in Singapore was 8.2 years in 2025, data from the Ministry of Manpower showed. In February, job-search website Indeed released its 2026 …

CPF Board rolls out safety switch, trusted contact notifications to curb scams

CPF Board rolls out safety switch, trusted contact notifications to curb scams

SINGAPORE: The Central Provident Fund (CPF) Board on Monday (Feb 2) launched two anti-scam measures to combat evolving scam tactics. Called the trusted contact notification service and CPF safety switch, the new measures build on existing anti-scam safeguards in place for members. These include a default online CPF daily withdrawal limit of S$2,000 (US$1,600) for members aged 55 and above, the use of biometrics for online nominations and a 12-hour cooling period for increases to daily online withdrawal limits. The CPF safety switch enables members aged 55 and above to immediately secure their CPF accounts if they suspect they have been scammed.  It is a protective measure designed to immediately stop any unintended monetary outflows and prevent the loss of personal information if a member’s Singpass is compromised, said the CPF Board. Upon activation, it will disable access to online services on the CPF website and mobile app, stop in-progress withdrawals and prevent all future withdrawals from the member’s CPF account. Disbursements to the member’s registered bank account will also be stopped. However, incoming CPF …