How will top-ups boost my CPF monthly payouts?

Q: How will top-ups boost my CPF monthly payouts?

If you are on CPF LIFE * in retirement, topping up your Special or Retirement Account will allow you to enjoy higher monthly payouts for life. Please refer to this FAQ for examples on the increase in payouts. If you are not on CPF LIFE * in retirement, the top-ups will generally allow you to receive higher payouts or receive payouts for a longer time. Find out more . *Members born in 1958 or later will be placed on CPF LIFE if they have at least $60,000 in their Retirement Account when they commence their monthly payouts.

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Accepted Answer

If you are on CPF LIFE* in retirement, topping up your Special or Retirement Account will allow you to enjoy higher monthly payouts for life. Please refer to this FAQ for examples on the increase in payouts.

If you are not on CPF LIFE* in retirement, the top-ups will generally allow you to receive higher payouts or receive payouts for a longer time. Find out more.

*Members born in 1958 or later will be placed on CPF LIFE if they have at least $60,000 in their Retirement Account when they commence their monthly payouts.

How will top-ups boost my CPF monthly payouts?

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How will topping up my Special or Retirement Account increase my CPF LIFE monthly payouts?

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How will the top-ups to my retirement savings be used?