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Median payouts increased by 20% from 2020 to 2022
Proportion of members choosing to defer payouts at age 65 has increased
Members who defer payouts to age 70 will receive about 30% more monthly payouts
Notes:
Notes:
Median payouts increased by close to 20% without withdrawals
Notes:
Learn more about measures to boost members’ CPF savings below. These measures are in addition to existing Government support to boost retirement income, e.g. Silver Support, Silver Housing Bonus and the Lease Buyback Scheme.