How can I increase or prolong my monthly payouts if I am not on CPF LIFE?
If you're not on CPF LIFE, you have a few options to increase or prolong your monthly payouts from your retirement savings:
1. Boost your retirement savings by making cash top-ups or CPF transfers.
2. Start your monthly payouts later (up to age 70) to increase your retirement savings with risk-free interest rates* of up to 6% per annum.
Note: If you have started your payouts, you can still request to defer them until age 70 to give your savings more time to grow.
3. Join CPF LIFE to receive monthly payouts for as long as you live.
* Based on the current 4% interest rate floor on Retirement Account monies.
