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Personal Training Account (or CPF)
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The Personal Training Account enables an employee, as soon as he or she enters the professional field, to take charge of some or all of the training courses in which he or she has enrolled in order to maintain a certain level of qualification and acquire skills and diplomas. Following these training courses enables the employee to secure his or her career path. According to the Ministry of Labour, Employment and Integration, “The CPF can continue to be funded even when the holder has exercised all his or her pension rights”. This applies to people from the age of 16 until the age of 65 in the case of retired employees who have already liquidated their pension rights.

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