Top up my own/recipient's Special Account (SA) under the Retirement Sum Topping-Up Scheme (RSTU)

Members can make cash top-ups to their own or their recipient’s Special Account under CPF Retirement Sum Topping-up Scheme (RSTU). Payment can be made via eNETS Debit Card service.

Please refer to Frequently Asked Questions for more details.

Important Notes
  • This form may take you 10 minutes to complete. For a successful application, please make your payment immediately.
  • Your application will be processed within our Service Standards after we have received your payment. You can log on to my cpf Online Services > My Activities to view the status of your application.
  • Click here to view our Service Standards.
  • You will need the following information to complete the form:

    1. Your recipient's Singapore NRIC Number/ CPF Account Number
    2. Your contact information
    3. Your internet banking details

  • Tax Relief
  • You can enjoy tax relief of up to $7,000 per calendar year, for cash top-up made by yourself and/or your employer on your behalf. You can enjoy an additional tax relief of up to $7,000 per calendar year if you make cash top-ups for your parents, parents-in-law, grandparents, grandparents-in-law, spouse and siblings. To qualify for tax relief for cash top-ups for your spouse/sibling(s), he must not have an annual income exceeding $4,000 in the year preceding the year of top-up (e.g. salary or tax-exempt income such as bank interest, dividends, and pension) or is handicapped.
    Please note that there will be a personal income tax relief cap of $80,000, which will apply from Year of Assessment 2018. This cap applies to the total amount of all tax reliefs claimed, including any relief on cash top-ups made under the Retirement Sum Topping-Up Scheme (RSTU), made on or after 1 January 2017. You should evaluate whether you would benefit from tax relief on your cash top-ups and make an informed decision accordingly as cash top-ups made under the RSTU scheme cannot be refunded.
    In addition, only cash top-ups within the following caps, which are computed based on the current Full Retirement Sum (FRS) and the recipient’s CPF savings, will be eligible for tax relief:

    Recipient below age 55 Current FRS less the sum of Special Account (SA) savings and net SA savings withdrawn under CPF Investment Scheme for investments that have not been completely disposed of
    Recipient age 55 and above Current FRS^ less Retirement Account (RA) savings#
    You may wish to check with your recipient on his SA/RA savings# to find out more about the amount of the tax relief that you can receive for cash top-ups.
    ^ The cap is based on current FRS, rather than the Enhanced Retirement Sum (ERS), to keep tax benefits focused on supporting basic retirement needs.
    # RA savings refer to the cash set aside in the RA (excluding amounts such as interest earned, any government grants received) plus amounts withdrawn such as monthly payouts and payout eligibility age lump sum withdrawal.

  • You are encouraged to make top-ups early. For year-end cash top-up applications, payments should be made to the Board by 31 December to enjoy tax relief for the following year's Tax Assessment.
  • All fields marked with are mandatory.
Terms & Conditions

FOR APPLICANT

1. The top-up recipient must be a Singaporean or Singapore permanent resident.

2. You must have never been a bankrupt or must be a discharged bankrupt. If you are an undischarged bankrupt, you must first obtain approval from the Official Assignee to make a cash top-up.

3. The maximum top-up amount a recipient can receive in his Special Account (SA) is computed based on the recipient's CPF savings :

Recipient age below 55 Current Full Retirement Sum (FRS) less the sum of Special Account (SA) savings and net SA savings withdrawn under CPF Investment Scheme for investments that have not been completely disposed of

4. The top-up is irrevocable (i.e. the cash top-ups cannot be returned to you).

FOR RECIPIENT

5. Top-up monies are meant for the recipient's retirement needs. Therefore, he cannot apply to withdraw the top-up monies:

(a) under any CPF schemes for education, investments, insurance, housing, CPF transfers and etc;

(b) via owning a property with sufficient CPF property charge or pledge; and

(c) via exemption from setting aside a retirement sum in the Retirement Account (RA).

6. In the event of the recipient's death, any remaining cash top-ups will be paid to his nominees based on his CPF nomination. If there is no CPF nomination, the remaining cash top-ups will be transferred to the Public Trustee for distribution in accordance with the intestacy laws.

7. The top-up monies in the recipient's SA and the interest earned will be transferred to his RA when he turns 55.

8. Top-up monies in the RA do not form part of the Basic Retirement Sum (BRS) in computing how much RA savings above the BRS can be withdrawn for housing, CPF transfers, or via owning a property with sufficient CPF property charge or pledge.