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How will I receive my monthly payouts if my combined Retirement Account (RA) and Ordinary Account (OA) savings are less than the minimum sum of $350?

Updated by CPF
You will receive monthly payouts as long as you have at least $350 in your combined Retirement Account (RA) and Ordinary Account (OA) savings. If your combined RA and OA savings are less than $350, the balance will be paid to you next January (e.g., if your balance falls below $350 in August, you will receive your payout next January).

This information is sourced from CPF.

Topics:

Retirement IncomeMonthly Payouts

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