CPF Minimum Sum At $106k From 1 July

This is nothing new, as announced in 2003, the min sum will increase gradually to hit $120k (in 2003 dollars) by 2013 to factor in inflation.

Revision wef 1 Jul 08:
Min sum in OA+SA or RA (MS): $106k (up fr $99.6k)
Min sum in MA (MMS): $29.5k (up fr $28.5k)
MA contribution ceiling (MCC): $34.5k (up fr $33.5k) [Excess will go to SA or RA]

Revision wef 1 Jan 09:
Withdrawal at age 55:
Min sum met: Remaining monies in accounts
Min sum not met: $5k or 40% of savings, whichever is higher (down fr 50%)

* CPF-Min Sum *

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The art and science of CPF ... headache.