How much retirement sum do I need?
For members who turn 55 in 2021, their Basic Retirement Sum (BRS), Full Retirement Sum (FRS) and Enhanced Retirement Sum (ERS) are $93,000, $186,000 and $279,000 respectively.
To help you better plan for your retirement, your BRS will be made known to you ahead of time. For members turning 55 from 2017 to 2022, the BRS will be increased by about 3% from the cohort in the previous year to cater for long-term inflation and improvements in standard of living. Correspondingly, the FRS and ERS will be set at two times and three times the BRS respectively. Please click on Retirement Sums (PDF, 163KB), to view the retirement sums from 2017 to 2022.