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  1. www.cpf.gov.sg › member › growing-your-savingsCPFB | Earning CPF interest

    5 days ago · Overview. Interest on your CPF savings. To help boost retirement savings, the Government pays extra interest on the first $60,000 of your combined balances, which is capped at $20,000 for Ordinary Account (OA).

  2. www.cpf.gov.sg › member › infohubHow to use CPF LIFE as the cornerstone of your retirement...

    1 day ago · Table 1 below shows some differences between the Basic, Standard and Escalating Plans. Table 1: Estimated payouts using CPF LIFE Estimator based on a 55-year-old male in 2024 with a Full Retirement Sum of $205,800. There are 3 things to note about CPF LIFE: 1) The Split Between Amounts in RA and Annuity Pool.

  3. www.cpf.gov.sg › service › articleCPFB | What are the CPF interest rates?

    5 days ago · CPF Interest Rates (1 July 2024 to 30 September 2024) To help boost retirement savings, the Government pays extra interest on the first $60,000 of your combined CPF balances, which is capped at $20,000 for Ordinary Account (OA). Please refer to details on extra interest in the table below.

  4. ask.gov.sg › cpfGrowing your savings - CPF - ask.gov.sg

    5 days ago · Savings in the Special, MediSave, and Retirement Accounts (SMRA) earn the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%, subject to the current floor interest rate of 4% per annum. This is reviewed quarterly.

  5. tnp.straitstimes.com › news › singaporeS'poreans to get up to $850, MediSave top-up for seniors

    2 days ago · The 2024 GSTV disbursement will amount to a total of $1.4 billion in GSTV cash and GSTV MediSave – about $200 million more than last year. In August, about 1.5 million eligible adult Singaporeans will receive $850 or $450 in cash, depending on their home's Annual Value. This means that all eligible recipients will receive $150 or $100 more ...

  6. www.straitstimes.com › business › interest-earned-on-cpfInterest earned on CPF balances and retirement payouts hit new...

    4 days ago · Retirement payouts also exceeded $3 billion to hit a new high, with 513,000 CPF members receiving a monthly income. The CPF Board said in its 2023 annual report that it paid out $21 billion in ...

  7. www.mom.gov.sg › newsroom › parliament-questions-and-repliesWritten Answer to PQ on CPF Nomination of Beneficiaries

    3 days ago · 1.The purpose of the CPF nomination scheme is to allow members to decide who they want to leave their CPF savings to and in what proportion. Members have their unique personal circumstances and should have the choice to nominate any person, regardless of age, nationality or family relation. 2.We have safeguards in place today under the CPF ...