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Retirement sum attainment rates at age 55

Members who set aside the Required Retirement Sum (RRS) refers to those who either set aside the Full Retirement Sum in cash, or set aside the Basic Retirement Sum (BRS) and owned a property.

 

This table is available for download in excel format (xlsx, 12KB)

 

Year20212022202320242025
Active members who set aside BRS67%69%70%73%75%
All members who set aside BRS56%58%60%62%65%
Active members who set aside FRS47%49%49%54%56%
All members who set aside FRS37%40%40%44%47%
Active members who set aside RRS65%67%68%71%72%
All members who set aside RRS53%55%57%59%62%

 

Population of active and all CPF members (age 55)

 

Year

2021

2022

202320242025

Number of active CPF members at age 55

40,500

40,200

40,00039,10041,800

Total number of CPF members at age 55

61,700

59,500

59,10057,40060,000

 

Notes

  • A CPF member refers to a person who has a positive balance in any of his CPF accounts..
  • An active CPF member refers to a person who has at least one CPF contribution paid for him for the current or any of the preceding three months.. The figure excludes self-employed who are not employees concurrently.