CPF now among the top 8 pension funds in the world

SINGAPORE (Sept 6): Singapore’s Central Provident Fund (CPF) has leapfrogged over Canada Pension and PFZW of the Netherlands to become the eighth-largest pension fund in the world, with assets worth some US$211.4 billion ($286.8 billion) as at Dec 31, 2015.

This is according to research released on Monday by US investment newspaper Pensions & Investments and global advisory firm Willis Towers Watson.

In the Asia-Pacific region, CPF ranks as the fourth-largest pension fund, behind Japan’s Government Pension Investment with US$1.2 trillion, South Korea’s National Pension with US$435.4 billion, and China’s National Social Security with US$295.0 billion.

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