To those who are new to Singapore’s workforce: congratulations, and welcome to the beginning of your journey into adulthood!
Getting your first paycheck and being able to do more with the money you earn can be both exhilarating and intimidating. A big part of your gross salary (the salary figure stated in your contract) will go into your CPF account, and it is important for you to understand how CPF works so that you can start your #adulting journey on the right foot.
Here are 3 things that you should first know about CPF.