CPF LIFE offers several key features to support your retirement:
- Payouts that never run out:
It provides you with a monthly income no matter how long you live. With more Singaporeans living beyond 85 years old, this addresses concerns about outliving retirement savings.
- Higher payouts with up to 6% interest:
Your premium continues to earn CPF interest of up to 6% per annum, risk free. The interest is factored into your monthly payouts, allowing you to receive higher monthly payouts from the start.
It guarantees that the total amount of payouts you receive over your lifetime plus the
amount paid to your beneficiaries will be equal or more than your CPF LIFE premium.
