What happens to my CPF LIFE plan if I am approved to withdraw under the Reduced Life Expectancy scheme?
If you are approved to withdraw your retirement savings under the Reduced Life Expectancy scheme, you can decide whether to:
(i) terminate your CPF LIFE plan and receive a refund of the premium balance (if applicable); or
(ii) keep your CPF LIFE plan and receive monthly payouts for as long as you live.
This information is sourced from CPF
Related questions
What happens to my CPF LIFE plan if my application to withdraw all my retirement savings using my pension/annuity is approved?
Can I cancel my CPF LIFE plan after I have joined?
I have withdrawn my CPF savings on Reduced Life Expectancy. Can I withdraw any further CPF savings after refunds from the sale of my property are credited?
How much can I withdraw under the Reduced Life Expectancy scheme?
Need more help?
Get in touch