CPFB | Top-ups for loved ones, employees and others

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Growing your savings

Retirement top-ups for loved ones, employees and others

Top up for your loved ones to help them grow their retirement savings. With the Retirement Sum Topping-Up Scheme (RSTU), you can top up their savings so they can enjoy higher monthly payouts in retirement and also attractive interest rates of up to 6% per annum. You can even make a top-up for your employee or other members of the community.

Updates on 20 Apr 2021

Added new section for home page under banner.

For loved ones

Topping up your loved ones’ retirement savings

Boost your loved ones’ retirement savings by helping them meet their Enhanced Retirement Sum (ERS) if they are 55 and above, or Full Retirement Sum (FRS) if they are below 55.

View current ERS and FRS

Topping up with cash

Grow your loved ones’ CPF savings with cash

You can make a cash top-up of any amount to help your loved ones meet the retirement sum. When you help grow your family members’ savings, you’ll also benefit from a tax relief of up to $7,000 per calendar year.

Also, under the Matched Retirement Savings Scheme (MRSS), the Government will match every dollar of cash top-ups made to the Retirement Account of eligible members, up to $600 per year

Matched Retirements Savings Scheme

Topping up with CPF transfer

Transferring CPF savings to a spouse

Before making a transfer to your spouse, you’ll have to set aside a basic level of retirement savings for your own monthly payouts, that is, the current Basic Retirement Sum (BRS).

Check transfer limit

Quick tip

If a member is married with enough CPF savings for retirement, they can consider transferring some savings to their spouse who may not yet have enough.

Transferring to parents and grandparents

If you’d like to make a transfer to your parents or grandparents, you’ll have to set aside the FRS for your own monthly payouts. For property owners (with a Singapore property which has a remaining lease which can last you to at least age 95), you can transfer an amount down to the BRS.

Check transfer limit

Transferring to parents-in-law, grandparents-in-law and siblings

If you’d like to make a transfer to your parents-in-law, grandparents-in-law or siblings, you’ll have to set aside the FRS for your own monthly payouts.

Check transfer limit

Eligibility for top-ups

Find out about the details and conditions when making a CPF top-up for your loved ones.

Learn more

For others

Topping up the CPF savings of your employees or other CPF members

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Grow your employee’s savings

When you make a top-up for your employee, you’ll enjoy an equivalent amount of tax deductions in the following year's tax assessment, while your employee receives tax relief of up to $7,000 per calendar year.

When your employees receive any tax relief, they will have to take into consideration the cash top-ups that they may have made for themselves. Your employee can only enjoy tax relief for cash top-ups to the current FRS. To make a top-up to your employee, please submit a request.

Request to top up

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Topping up for other CPF members

Help grow the savings of people you care about in cash, even if they are not a family member or employee, so they can enjoy higher payouts during retirement.

Note that such top-ups are not eligible for tax relief.

Topping up

Ways to top up

You can make top ups by using the CPF Mobile app, via my cpf Online Services, or GIRO. You can top up easily simply by logging in with your Singpass.

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Make regular top-ups with GIRO

You don’t need to top up a large sum in a single go. Use GIRO to make small top-ups, regularly.

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Forms for topping up

Make a top-up for yourself, loved ones or an employee.

View forms

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Growing your savings

Retirement top-ups for loved ones, employees and others

For loved ones

Topping up your loved ones’ retirement savings

Topping up with cash

Topping up with CPF transfer

Quick tip

For others

Topping up the CPF savings of your employees or other CPF members

1

2

Topping up

Ways to top up

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FAQs

Common questions

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My dashboards

My statements

CPF contributions

Saving more with CPF

Earning higher returns

Government support

Monthly payouts

Retirement withdrawals

Government support

Your account information

Providing for your loved ones

Account closure

Your session is about to time out.

Growing your savings

Retirement top-ups for loved ones, employees and others

For loved ones

Topping up your loved ones’ retirement savings

Topping up with cash

Topping up with CPF transfer

Quick tip

For others

Topping up the CPF savings of your employees or other CPF members

1

2

Topping up

Ways to top up

1

2

FAQs

Common questions