Comment OF GOVERNMENT
Dr. Koh addressed concerns about whether employers will reject Singaporean workers by citing the Employment Pass ( EP ) and S Pass holders’ qualifying salaries, which are compared to the top one-third of resident wages, including CPF contributions.
Companies do not benefit financially from hiring international experts, according to Dr. Koh.
Dr. Koh noted that the implementation process may take six months or longer for non-residents applying for permanent residence. & nbsp,
As of April 1 of the following year, the addresses of those who have not received PR rank will be closed.
However, he added,” once they are given permanent residence, they will then be a part of the CPF system.”
Dr. Koh responded that nominees and beneficiaries under the appropriate intestacy laws will be given access in response to inquiries about who may obtain the CPF knowledge of deceased members. What occurs if someone passes away without leaving a will is covered by intestacy legislation.
To be clear, a family member will not be given access to the deceased person’s CPF information if they are not regarded as next-of-kin under the applicable intestacy laws.