Ow Jie Liang

Student Ambassador 2020/21 at Seedly

18 Aug 2020

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Hi, I would like to seek your kind advice on the use cases of CPF Life vs Retirement Sum Scheme. If possible, could anyone do a simple rundown of numbers with the Full Retirement Sum?

I understand that for CPF Life, interest generated goes to the CPF Life "pool"
let's say based on the FRS of $186,000
Different use cases/getting the optimum yield when placed at retirement sum scheme vs park money with CPF Life

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Lee John

18 Aug 2020

The numbers for RSS are shown explicitly. You may have to use CPF's website calculator.

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