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.

Your page is loading.
One moment please.

How is CPF LIFE attractive?

CPF LIFE is attractive for the following reasons:

  1. Payouts for life
    CPF LIFE provides you with retirement payouts no matter how long you live, unlike most private retirement income plans that only do so for a limited period.

  2. Safe product with high, risk-free returns
    CPF LIFE monies are guaranteed by the Singapore Government, and provide high, risk-free returns of up to 6% p.a. Annuities offered by the private sector are subject to investment market returns.

  3. Lower costs
    Being non-profit and administered by the CPF Board, the CPF LIFE scheme does not incur costs from advertising and agents’ commissions. With a large member base, longevity risks and costs can also be better spread out.