Retirement guides

CPF contributions are split between employer and employee at rates that rise with age, up to the Ordinary Wage ceiling. The rules are explained here.

The SRS gives tax relief on contributions, lets investment returns grow tax-free, and taxes 50% of withdrawals at or after the prescribed retirement age.

The employee share falls across the CPF age bands. This reference separates it from the employer share and explains when a birthday changes the rate.

The Basic and Full Retirement Sums follow the year a member turns 55. The Enhanced Retirement Sum is a current-year top-up ceiling, not a fixed cohort amount.

See how Escalating, Standard and Basic plans differ in payout shape, and when CPF LIFE payouts can begin.

Retirement cash top-ups have separate self and family tax-relief limits and matching-grant exclusions.

The Matched Retirement Savings Scheme links cash top-ups to government matching, subject to annual eligibility and lifetime limits.

The Ordinary Account base rate has a quarterly period, while extra interest uses combined CPF balances and age-specific limits.

The Majulah Package combines an annual Earn and Save Bonus with two one-time bonuses, with different purposes and eligibility conditions.

The Lease Buyback Scheme lets seniors sell the tail-end lease of their flat to HDB while continuing to live there, with bonus amounts based on flat type and CPF Retirement Account top-up.

The Silver Housing Bonus gives seniors who right-size to a 3-room or smaller HDB flat a cash bonus of up to S$40,000 per household, tied to a committed net increase in their CPF Retirement Account.