Eligible seniors can top up more to their CPF retirement savings and receive the higher matching grant amount. Correspondingly, they will also receive higher monthly CPF payouts. For instance, a senior aged 55 in 2025 who makes a cash top-up of $2,000 per year over the next 10 years will see an increase in CPF retirement savings of at least $48,000 (inclusive of matching grants and CPF interest) in 2035, which translates to about a $260 increase in monthly CPF payouts*.
*Estimation for a male member that starts payout at age 65 on the CPF LIFE Standard Plan.
