Beware of scam calls and scam messages impersonating as CPF officers asking for your personal details. Ignore them and do not share your Singpass ID/password or banking details with anyone. CPF officers will NOT ask for your Singpass, banking userid or password.

Scheduled Maintenance: CPF digital services will not be available on 4 Dec 2022, from 12am to 8am.

Maintenance: CPF digital services are not available on 22 Nov 2022 from 12.30pm to 2.30pm. You may access CPF Mobile app.

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How does the CPF LIFE Escalating Plan work?

The CPF LIFE Escalating Plan provides payouts that increase by 2% each year to protect you against rising prices. Escalating Plan payouts start lower initially but will eventually be higher than Standard Plan and Basic Plan payouts. This helps you to generally keep your standard of living even as things become more expensive in your retirement years.

To illustrate, a monthly payout that starts at $1,000 when you are 65 would reach approximately $1,500 by the time you are 85. The 2% increase will take place every year in the month that the first payout was made.

Under this plan, all your Retirement Account savings will be deducted as CPF LIFE premium when you join CPF LIFE, which can be anytime from 65 to 70.

Your CPF LIFE monthly payouts will first be paid from your CPF LIFE premium. When your CPF LIFE premium is depleted, you will continue to receive the monthly payouts from the interest that you and other CPF LIFE members have accumulated, no matter how long you live.