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Yearly interest credited to CPF members

This table is available for download in Excel format (xlsx, 75KB)

 

Within period

Total interest (S$m)

Base interest (S$m) Extra interest (S$m)
2018 14,350.2 12,734.7 1,615.5
2019 15,574.4 13,892.9 1,681.5
2020 16,864.8 15,116.2 1,748.6
2021 18,305.2 16,491.4 1,813.8
2022 19,867.2 17,992.5 1,874.7
2023 21,016.1 19,087.8 1,928.3

 

Notes

  • All figures are in S$ millions.
  • Interest is computed monthly, compounded and credited yearly.
  • Extra interest refers to an extra 1% interest paid on the first $60,000 of a member's combined balances (with up to $20,000 from the Ordinary Account), implemented in 2008 and an additional 1% extra interest on the first $30,000 of their combined balances (with up to $20,000 from the OA) for CPF members aged 55 and above, implemented in 2016.