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  • Publication date:
    21 October 2015
    01 January 1988
    ISBN:
    9789814376280
    9789971988876
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    00kg,
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    Book description

    Three of the four chapters in this book deal with consequences of the income-tax treatment of contributions to and withdrawals from the CPF. They discuss the effects on the borrowing costs of the Government of Singapore, and on the effective rates of return accruing to the citizens as members of the Central Provident Fund. The last chapter presents estimates of the probable decline in the retirement incomes of Singaporeans arising from the 1986 reduction in employer contributions.

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