CPF digital services will not be available from 4 Dec 2021, 8pm to 5 Dec 2021, 8am (Singapore time) due to system maintenance. We apologise for any inconvenience caused.
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The savings in your Retirement Account is to provide you with monthly payouts during retirement. CPF LIFE, a national longevity insurance annuity scheme, ensures that you get monthly payouts no matter how long you live.
If you have a pension or private annuity plan which provides the same or higher monthly payouts for life, you can apply to be exempted from setting aside the retirement sum, and withdraw all your CPF retirement savings.
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