Singapore Special And Medisave Account Interest Rates Remain at 4%

Gov Monitor, 16 Mar 2011The interest rate on Special and Medisave Account (SMA) monies from 1 April 2011 to 30 June 2011 will be maintained at 4%.As announced on 20 September 2010, the Government will maintain the 4% p.a. minimum rate for interest earned on all SMA monies and Retirement Account (RA) monies until 31 December 2011.Thereafter, interest rates on all CPF account monies will be subject