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Who can join CPF LIFE?
All CPF members can join CPF LIFE anytime from age 65. The latest age to join CPF LIFE is one month before age 80.
There is no minimum CPF savings required to join, but the amount of payout you get is dependent on your Retirement Account balances when you join CPF LIFE.
You will be automatically included in CPF LIFE when you start your CPF monthly payouts if you were born on or after 1 January 1958 and have at least $60,000 in your CPF retirement savings when you start your monthly payouts.
If you are not automatically included in CPF LIFE, you can still choose to join the scheme.
Tip: Use the Monthly payout estimator to see which LIFE plan suits you and see the estimated monthly payout based on your choice. Consider topping up your retirement savings in your Retirement Account(RA), to increase your monthly payouts.
This information is sourced from CPF.
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