Yan Ting

25 Nov 2020

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My parents' CPF do not meet the Basic Retirement Sum. If I were to start topping up their RA now making use of the Matched Retirement Savings Scheme, how will the monthly payout be decided?

How does the Matched Retirement Savings Scheme work if my parents' CPF do not meet the Basic Retirement Sum?

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tinycents

13 Sep 2021

https://www.cpf.gov.sg/Members/Schemes/schemes/... - refer to the details here for the various scenario based on your parent's current situation. If still unclear, can make an appt with CPF board to get them to explain with you in person if it's easier.

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Gina

12 Sep 2021

Anyone knows how the payout ratio is calculated for retirement account? Ie. To know how much to top up to increase the payout by a certain amount. Thanks!

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Takingstock @

25 Nov 2020

The scheme will start 2021 and matching by government be up to max of 600 per parent (as of now)

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