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Age 68 & above

Enhanced CPF Savings



A scheme where CPF members aged 55 and above will earn up to 6% interest per year on their retirement balances.

Key Information

CPF members who are at least 55 years old, will enjoy enhanced CPF savings. They can earn up to 6% interest per year on their retirement balances. This is part of the Government’s efforts to enhance the retirement savings of CPF members.

Qualifying Criteria/ Age Group

For CPF members who are aged 55 and above, an additional 1% interest per annum will be paid on the first $30,000 of their combined balances. This is paid over and above the current extra 1% interest that is earned on the first $60,000 of their combined balances. As a result, CPF members aged 55 and above will earn up to 6% interest per year on their retirement balances.

Resource Links/ References/ Details

CPF: CPF Interest Rates