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Anonymous

18 Apr 2019

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Do the monies in the RA of CPF continue to compound between ages 65-70? Are there advantages to delaying the payouts to 70 as opposed to 65?

CPF

AMA Christopher Tan

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Christopher Tan

26 Jan 2019

CEO at Providend Ltd

Hi anonymous, thanks for your question and sorry for the late reply. Hariz has answered your question below and he is right.

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Hariz Arthur Maloy

24 Jan 2019

Independent Financial Advisor at Promiseland Independent

Yes, you'll receive a 7% increase in payout of your CPF Life plan for every year you defer.

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Should I top up my CPF RA to ERS. I have enough OA balance to cover it (assuming I do a OA to RA transfer). I understand that the transfer is irreversible; and I get to enjoy higher payouts from age 65. Should I do the transfer or leave it in OA?

Can the retirement age still be 62 if we do SRS and delay RA payout at 70?

What happen to CPF RA (Retirement Account) money when someone pass away? What is the difference, - pass away < 65 CPF LIFE starts vs. - pass away > 65 after CPF LIFE payout starts

If FRS/BRS being used to pay as Premium of CPF Life at age of 55 or 65, and a PR renounce his PR at age 58, does he get back full amount from RA without paying the CPF Life Premium?

What if CPF RA exceed Enhanced Retirement Sum (ERS) at age 55? If choose not to withdraw, how much CPF life can pay? Using 1M65 as an example, how much CPF life pays based on 1million balance at 65?

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