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Age 68 & above

CPF LIFE



An annuity scheme that provides you with a monthly payout for as long as you live. Your retirement sum will be used to buy CPF LIFE

Key Information

The CPF Lifelong Income For The Elderly (CPF LIFE) is an annuity scheme that provides you with a monthly payout for as long as you live. Your retirement sum will be used to buy CPF LIFE.

Qualifying Criteria/ Age Group

You are eligible to receive your monthly payouts from your payout eligibility age. If you are above your payout eligibility age when you join CPF LIFE, your monthly payouts will start one month after your policy is issued. You also have the option to start your payouts later, up to age 70. For each year deferred, your CPF LIFE monthly payout increase by up to 7%.

Year of Birth Payout Eligibility Age
1943 and before 60
1944 to 1949 62
1950 and 1951 63
1952 and 1953 64
1954 and after 65

Resource Links/ References/ Details

CPF Lifelong Income For The Elderly (CPF Life)

CPF Hotline

1800 222 6622