What are the retirement sums - Basic Retirement Sum (BRS), Full Retirement Sum (FRS) and Enhanced Retirement Sum (ERS)?
The CPF Retirement Sum is the principal amount1 of savings in your CPF Retirement Account (RA). The more savings you have in your RA, the higher your monthly payouts will be in retirement.
There are three Retirement Sum reference points to guide you on the Retirement Sum to set aside based on your retirement needs.
- Basic Retirement Sum (BRS) provides you monthly payouts for basic living needs, excluding rental expenses2.
- Full Retirement Sum (FRS) is double your BRS and is the default amount to set aside in your RA when you turn 55.
- Enhanced Retirement Sum (ERS) is double the current year’s FRS and is the maximum amount you can top up to your RA if you are aged 55 and above. The ERS increases yearly, and topping up to the current year’s ERS allows you to get the highest CPF monthly payouts.
If you are age 55 and above, visit the Retirement Dashboard to find out whether you have set aside your FRS and the amount you can top up to your RA for higher monthly payouts.
1This includes CPF contributions, top-ups and transfers from other CPF accounts to the RA, but generally excludes government grants. Interest earned on RA savings is excluded.
2If you own a property in Singapore with remaining lease that lasts you until you are 95 or older, you may apply to withdraw RA savings down to your BRS.
This information is sourced from CPF
Related questions
Why am I not able to top up my Special/Retirement Account beyond the current Full Retirement Sum (FRS) (below 55) or Enhanced Retirement Sum (ERS) (55 or above)?
How are the Basic Retirement Sum and Full Retirement Sum determined for each cohort?
Can I top up my retirement savings to the Enhanced Retirement Sum (ERS)?
What is the change to the Enhanced Retirement Sum in 2025?
Need more help?
Get in touch