Contributed by Allen & Gledhill Partner Yeo Boon Kiat, Regulation of State and Supplementary Pension Schemes in Singapore gives a high-level overview of the key practical issues concerning pensions law in Singapore. Topics covered include an overview of the social security savings scheme in Singapore known as the Central Provident Fund scheme, and the framework regulating supplementary pension schemes. Issues such as tax relief on contributions, the effect of business transfers, and employer insolvency and overall scheme solvency are also covered in the article.
The article is part of the Practical Law Global Guide to Pensions Law.
Reproduced from Practical Law with the permission of the publishers. For further information, visit www.practicallaw.com.