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QWhat is CPF LIFE?

The CPF Lifelong Income For The Elderly (CPF LIFE) is an annuity scheme that provides you with a monthly payout for as long as you live. Your retirement sum will be used to buy CPF LIFE.

You can choose to receive your monthly payout anytime, from your payout eligibility age up to age 70.

Year of Birth Payout Eligibility Age
1943 and before 60
1944 to 1949 62
1950 and 1951 63
1952 and 1953 64
1954 and after 65

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