Based in Singapore, Sheila began her career working in high-growth startups, including a venture-backed online fashion retailer. Fascinated by the startup culture and the rise of unicorns and IPOs in Southeast Asia, she seeks to tell compelling stories on their journeys from idea to exit. She was previously at DealStreetAsia reporting on startups and venture capital.
To CPF or not to CPF: Inside Singapore’s gig work security dilemma
Hi Vikash! The three savings accounts actually add up to 37% (Ordinary: 23%, Special: 8%, MediSave: 6%), which is the total of 20% from employee and 17% from employer (37%). We can also sum it up to 100%, but I think this way is clearer. Hope that helps!