I’ve recently fully paid up my 4 room Hdb flat. However, have a zero balance on my OA and maybe 20k each in Special & Medisave account. Which level of cpf life will I be entitled to if I pledge my Hdb?

I have recently completed buying 3 room resale HDB flat. Can I make a pledge on my flat from CPF. Year born 1958

Hi there!

I believe you’re asking about the Basic/Full/Enhanced Retirement Sums.

To get maximum CPF Life payout, you have to hit the Enhanced Retirement Sum by topping up.

Pledging your HDB property will get you the Basic Retirement Sum, which is 50% of the Full Retirement Sum or one-third of the Enhanced Retirement Sum, and pledging your property will NOT give you the maximum CPF LIFE payout, which is the lowest payout compared to the other two sums.

That exact figures depend on which year you turn age 55.

Which year were you born in?