4% SMA & RA Interest Rate Guarantee Extended till December 2011
The Government has announced that the 4% guarantee for interest earned on all Special and Medisave Accounts (SMA) monies and Retirement Account (RA) monies will be extended for one year until 31 December 2011. After 31 December 2011, the 2.5% floor rate will apply for all CPF accounts.
For more, see http://mycpf.cpf.gov.sg/CPF/News/News-Release/N_20Sept2010.htm
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