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When will the top-ups received in my CPF Special/Retirement Account start to earn interest?

Updated by CPF
If you receive a cash top-up this month, it will start earning interest in the next month.
 
For CPF transfers of your existing CPF savings from your account to yourself or your loved ones, the transferred savings will start earning interest in the receiving account from the month of transfer. However, if the transferred savings are fresh injections (e.g. working contributions credited in the current month), it will start earning interest in the receiving account from the next month.
 
Illustration: $1000 is transferred in January from Ordinary Account (OA) to Special or Retirement Account (SA/RA) of the recipient (self or loved ones).
 
(A) If the $1,000 is existing OA savings (e.g. giver did not have new working contributions in January), it will start earning SA/RA interest in the recipient's SA/RA from January.
 
(B) If the $1,000 is January working contributions from OA savings, it will start earning SA/RA interest in the recipient's SA/RA from February.

This information is sourced from CPF.

Topics:

Growing Your SavingsRetirement Sum Topping-Up Scheme

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