The rate of premium and payout increases will have to be reviewed regularly based on actuarial principles, taking into account factors like changes in claims experience and longevity. This is important to keep the fund sustainable.

An independent council regularly reviews these trends and advise the Government on premium and payout adjustments in accordance with an actuarially sound adjustment framework. Actual future premiums and payouts will vary depending on the regular adjustments.

To give Singaporeans greater certainty in the first five years, payouts and premiums will each increase by 2% per year.