How will my CPF LIFE monthly payouts be adjusted and when will payout adjustments be effected?
Your CPF LIFE monthly payout may be adjusted when our actuarial consultant reviews your CPF LIFE payouts to take into account the following:
- Deviations in mortality experience. If more people live longer than expected in the long term, the monthly payouts might be lower, and vice versa.
- Deviations in interest rates. If interest rates are higher than expected, the monthly payouts might be higher, and vice versa.
The new payout (if applicable) will be effective from July of the year. Any adjustments are expected to be small and gradual. We will send you a notification before we make any adjustments to your monthly payouts. The yearly review is necessary to ensure that CPF LIFE is sustainable over the long term.