SINGAPORE: Singapore’s Central Provident Fund (CPF) has retained its top spot in Asia, according to an annual global index. It is also the only Asian pension system among the top 10 globally in ...

She said: “In Singapore, the government has integrated public sector pensions with the national system, controlling their future liabilities and introducing more transparency into the system.

For just over a decade, civil servants were offered the opportunity to leave the country’s generous final salary pension scheme voluntarily. When few took this up, Singapore closed the pension ...