What is the Plan my monthly payouts service?
The Plan my monthly payouts service is an online service for CPF members reaching age 65 (Payout Eligibility Age) and above to apply to start their monthly payouts and customise their monthly payouts to suit their desired retirement lifestyle. This online application allows you to submit your instructions, view your estimated payouts and find out how your choices will affect your payouts.
Key Features:
1. Choose to start your monthly payouts anytime between 65 and 70:
- Explore how different payout start ages impact your monthly payouts.
2. Choose your CPF LIFE plan and receive payouts for life:
- Visualise how different CPF LIFE plan impact your payouts.
3. Option to increase your monthly payouts:
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Discover how much more you can receive monthly if you use your withdrawable savings to increase your payouts.
This information is sourced from CPF
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