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What are the retirement sums applicable to me?

Your Basic Retirement Sum (BRS) and Full Retirement Sum (FRS) will be determined when you turn 55 and will remain the same for the rest of your life.

To help you better plan for your future, here are the retirement sums that are applicable to members who turn 55 from 2023 to 2027:

55th birthday in the year of

Basic Retirement Sum (BRS)

Full Retirement Sum (FRS)

2 x BRS

2023

$99,400

$198,800

2024

$102,900

$205,800

2025

$106,500

$213,000

2026

$110,200

$220,400

2027

$114,100

$228,200

See the Full Retirement Sums since 1995. You can also find out more how the retirement sums are determined and why the retirement sums are increasing yearly.

For higher payouts, you can also top up your Retirement Account up to the current Enhanced Retirement Sum (ERS) if you are 55 and above. The current ERS for 2023 is $298,200.