You can request to change your CPF LIFE plan type within 30 days from the date of your first* policy letter. If you wish to do so, please
write to us.
Currently, the Board is granting concessions to allow plan changes beyond the 30-day grace period for the following members:
- Original plan (Basic, Balanced, Plus or Income Plan) members who are concerned about a drop in their monthly payouts can change to the Escalating or Standard Plan.
- Original and Standard Plan members who are concerned about a reducing retirement lifestyle as prices rise can change to the Escalating Plan.
Otherwise, changing of CPF LIFE plan after the grace period is not allowed as this will affect the payouts of other members on the scheme.
As changing of CPF LIFE plan is irrevocable, we encourage you to consider your options carefully.
*The letter sent to you when your original CPF LIFE plan was first issued.
