No. S 259
Central Provident Fund Act
(Chapter 36)
Central Provident Fund (New Minimum Sum Scheme) (Amendment) Regulations 2007
In exercise of the powers conferred by section 77(1)(o) of the Central Provident Fund Act, the Minister for Manpower, after consulting with the Central Provident Fund Board, hereby makes the following Regulations:
Citation and commencement
1.  These Regulations may be cited as the Central Provident Fund (New Minimum Sum Scheme) (Amendment) Regulations 2007 and shall come into operation on 1st July 2007.
Deletion and substitution of Third Schedule
2.  The Third Schedule to the Central Provident Fund (New Minimum Sum Scheme) Regulations (Rg 31) is deleted and the following Schedule substituted therefor:
“THIRD SCHEDULE
Regulations 6 (1), 9(1), (2) and (3) and 10 and Second Schedule
Monthly amount payable to member with 100% of the minimum sum applicable to him in cash:
First column
 
Second column
Date on which a member attains the age of 55 years
 
Basic monthly income payable
(a) On or after 1st July 2004 but before 1st July 2005
 
$668
(b) On or after 1st July 2005 but before 1st July 2006
 
$711
(c) On or after 1st July 2006 but before 1st July 2007
 
$750
(d) On or after 1st July 2007 but before 1st July 2008
 
$790.”.

Made this 6th day of June 2007.

LEO YIP
Permanent Secretary,
Ministry of Manpower,
Singapore.
[MMS 5.2/85 V33; AG/LEG/SL/36/2005/27 Vol. 1]
(To be presented to Parliament under section 78(2) of the Central Provident Fund Act).
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