Scheduled Maintenance: CPF digital services will not be available on 7 Apr 2024, from 12am to 8am.

A Singapore Government Agency Website
Central Provident Fund Board logo
Who we are Tools and services Infohub
You are at
my cpf

Account balances, dashboards, statements, and more.
CPF overview
Growing your savings
Retirement income
Home ownership
Healthcare financing
Account services
Who we are
Tools and services
Infohub
e-Cashier
FAQs
Calculators
Forms
Main menu

my cpf

my cpf Home
My dashboards
My statements
My requests
My activities
My mailbox
my cpf

My dashboards

Retirement
Home ownership
Healthcare
Providing for your loved ones
Self-employment
Investment
Education
Child
my cpf

My statements

Contribution history
Transaction history
Year-in-Review
Yearly Statement of Account
Main menu

CPF overview

Find out more
Main menu

Growing your savings

Find out more
CPF contributions
More ways to save
Investments and interest
Government support
Growing your savings

CPF contributions

Employees
Self-employed persons
Growing your savings

More ways to save

Retirement top-ups and transfers
Matching grant for seniors
Voluntary housing refunds
MediSave top-ups
Growing your savings

Investments and interest

Investing your CPF
CPF interest rates
Growing your savings

Government support

Workfare Income Supplement
Main menu

Retirement income

Find out more
Monthly payouts
Retirement withdrawals
Government support
Retirement income

Monthly payouts

CPF LIFE
Other payouts
Retirement income

Retirement withdrawals

For immediate needs
For reduced life expectancy
Retirement income

Government support

Silver Support Scheme
Main menu

Home ownership

Find out more
Using CPF for housing
Protecting against losing your home
Planning your housing journey
Main menu

Healthcare financing

Find out more
Using MediSave
MediShield Life
Supplementary coverage
ElderShield
CareShield Life
Main menu

Account services

Find out more
Your account information
Providing for your loved ones
Account closure
Undergoing a divorce
Account services

Your account information

View account balances
Update account settings
Account services

Providing for your loved ones

CPF nomination
Insuring to protect your dependants
Account services

Account closure

When you pass away
When you leave Singapore
Account services

Undergoing a divorce

Division of CPF assets

Your page is loading.
One moment please.

I have already joined CPF LIFE. How can I increase my monthly payouts?

If you have already joined CPF LIFE, you can consider the following options to increase your monthly payouts:

  1. Using your withdrawable CPF savings to increase your CPF LIFE premium
    If you are born in 1958 or after, you can withdraw additional amount of up to 20% of your retirement savings from 65, which includes the first $5,000 that you can withdraw at any time from 55. If you are born in 1957, you can withdraw additional amount of up to 10% of your retirement savings from 65, as you can already withdraw up to 10% of your CPF savings from 55.

    You can use this withdrawable amount to increase your CPF LIFE premium. If you would like to do so, please instruct us via the Plan my monthly payouts service.

  2. Topping up and increase your CPF LIFE premium
    You or your loved ones can make cash top-ups and CPF transfers to your Retirement Account (RA) up to the current Enhanced Retirement Sum by logging in with your Singpass at cpf.gov.sg/rstuform. The more RA savings you use to join CPF LIFE, the higher your monthly payouts.

  3. Deferring your monthly payouts (up to 70)
    Consider deferring your payouts if you are still working or have other income. Your monthly payouts will increase by up to 7% for each year that you defer. 

  4. Monetising your property
    If you own a property, you can also consider monetising your property.

If you wish to enquire on your revised payout, please write in to us via My Mailbox.