Can i use my CPF to buy ILP?

Currently, CPF can be used in two investment schemes:

1. CPF Investment Scheme (CPFIS)

2. Special Discounted Shares Scheme (SDS)

CPF savings can be used for an ILP if the ILP is included under the CPF Investment Scheme (CPFIS). However, do note that you have to be

• At least 18 years old

• Not an undischarged bankrupt

• Have more than S$20,000 in your Ordinary Savings

• Have more than S$40,000 in Special Savings

• Passed the CPFIS Self-Awareness Questionnaire (SAQ)

Currently, this is the list of ILP included in CPF investment products. To find out more about ILP, do check out our blog.​​​