Schemes for Seniors >

CPF LIFE

The CPF Lifelong Income For The Elderly (CPF LIFE) Scheme provides Singapore Citizens and Permanent Residents with a monthly payout for as long as they live.​

You will have to join CPF LIFE if you are a Singapore Citizen or Permanent Resident born in 1958 or after, and have the following Retirement Account balances:

 

You turned 55 between 1 January 2013 and 30 April 2016 You turned 55 on 1 May 2016 and after
  • At least ​$40,000 in your Retirement Account when you reach 55 years old; or 
     
  • At least $60,000 in your Retirement Account six months before you reach your payout eligibility age.
  • At least $60,000 in your Retirement Account six months before you reach your payout eligibility age.​

 

Visit Website

Share

Facebook Email


View More Information