You will continue to receive Additional Monthly Payout (AMP) from your Retirement Account (RA). The AMP is not part of CPF LIFE and will cease when your RA balances are depleted. To avoid a sudden decrease in your overall monthly income when your AMP ends, you may consider using your available balances in your RA to increase your CPF LIFE premium and boost your lifelong monthly payout. To do this, please submit your request via
FormSG.
Starting from November 2021, any new Retirement Account inflows will automatically be used to increase your CPF LIFE premium. This will allow you to receive higher monthly payouts for life, providing you with greater financial security during your retirement years.
