A Singapore Government Agency Website
Contributing
CPF contributions
Saving as an employee

From the day you begin working, you start saving for retirement. You and your employer contribute monthly towards your CPF. As an employee, your employer is required to make CPF contributions for you.

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More on CPF contributions
Saving as a self-employed person

If you are self-employed, you will contribute to MediSave for your healthcare needs. To help you make your contributions more easily, Government agencies making service payments would contribute a portion of the payment to your MediSave Account, before paying the remainder sum to you.

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Self-Employed Scheme
Saving as a platform worker

As a platform worker, your CPF contributions are made through your platform operator, on a monthly basis. This applies for all platform workers.

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More on platform worker CPF contributions
Saving
Save more with CPF
Top up to enjoy higher retirement payouts

Make a top-up to help you or your loved ones get higher retirement payouts. Besides building up more funds for retirement through CPF's risk-free interest rates, you can also enjoy tax relief.

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Retirement Sum Topping-Up Scheme
Top up to build your MediSave savings

Save more for healthcare needs. You can use the savings to pay for hospitalisation and outpatient treatments as well as premiums for approved healthcare insurance. You may also get tax relief on the top-up. 

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MediSave Account top-ups
Make voluntary housing refund

Besides earning interest in your CPF and having more savings for retirement, this also reduces the amount you'll have to refund when you sell your property. 

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Learn more
Returns
Earning higher returns
Investing your CPF savings

You have the option to  invest your Ordinary Account and Special Account savings in a wide range of investments. Learn more about investing your CPF savings.

 

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CPF Investment Scheme
Earn risk-free CPF interest

The government helps to grow your savings by paying interest of up to 5% per annum if you are below age 55 and interest of up to 6% per annum if you are 55 and older. With compound interest, your CPF will grow year after year.  

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CPF interest rates
Support
Government grants and support
Support for lower-wage workers

Eligible workers will receive CPF top-ups to build up their retirement savings and cash payments to help them meet their daily needs from the Government under the Workfare Income Supplement Scheme.

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Workfare Income Supplement Scheme
Platform Workers CPF Transition Support

From 2025 to 2028, the Platform Workers CPF Transition Support (PCTS) scheme provides monthly cash payments to support lower-income platform workers who make increased CPF Ordinary and Special Account contributions.

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Platform Workers CPF Transition Support Scheme

Find out more about the difference between Matched Retirement Savings Scheme and Matched MediSave Scheme.

Matching grant for seniors and persons with disabilities on cash top-ups to Retirement or Special Account

Cash top-ups made to the Retirement or Special Account of eligible seniors or persons with disabilities are matched by the government, dollar-for-dollar, up to $2,000 a year, with a lifetime limit of $20,000.

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Matched Retirement Savings Scheme
Matching grant for seniors on cash top-ups to MediSave Account

Cash top-ups made to the MediSave Account of eligible seniors are matched by the government, dollar-for-dollar, up to $1,000 a year. 

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Matched MediSave Scheme
FAQs
Common questions
Articles
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