How is the LBS bonus determined?

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Accepted Answer

Households in 3-room or smaller / 4-room / 5-room or larger flats will get a $30,000 / $15,000 / $7,500 cash bonus if the total CPF top-up to the owners' Retirement Account is at least $60,000. The top-up and the bonus are all calculated on a household basis. Households who top up less than $60,000 will receive a pro-rated bonus of $1 for every $2 / $4 / $8 top-up made.

How is the LBS bonus determined?

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Related questions

How is the LBS bonus apportioned if there is more than one owner in the household?

Why is the LBS bonus for 5-room and larger flat owners ($7,500) lower than the bonus for 4-room ($15,000), and 3-room and smaller ($30,000) flat owners?

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How much tax relief can I enjoy when I make cash top-ups?

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